A project under consideration by Gorham Corporation would require a working capital investment of $200,000. The working capital would be liquidated at the end of the project's 10-year life. If Gorham Corporation has an after-tax cost of capital of 10 percent and a marginal tax rate of 30 percent, what is the present value of the working capital cash flow expected to be received in year 10? Present value tables or a financial calculator are required. Select one: a. $36,868 O b. $23,130 12 0 c. $77,100 d. $53,970