A project requires an initial investment in equipment of $90,000 and working capital of $10,000. You expect the project to produce sales revenue of $120,000 per year for 3 years. You estimate manufacturing costs at 60% of revenues. The equipment depreciates straightline to a value of zero over three years. At the end of the project, the firm can sell the equipment for $10,000. The corporate tax rate is 21% and the cost of capital is 16.5%. Calculate the NPV of the project.

I need to know what is the simplest way to calculate this.

A. $9,826.

B. $3,840.

C. $-2,735.

D. $4,848.