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A project will produce operating cash flows of $57,000 a year for 3 years. During the ilfe of the project, inventory will be lowered by

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A project will produce operating cash flows of $57,000 a year for 3 years. During the ilfe of the project, inventory will be lowered by $10,000 and accounts recevate nid indease by 320.006 . accounss payable will decrease by $5,000. The project requires the purchase of equipment at an initial cost of $90,000. The equipment will be alvaged at the end of the project cresting a 517,000 athentax cash inflow. At the end of the project, net working copital will return to its normal level. What is the net present value of thio project given a required return of 124 ? $48,77208$44,141.41$42,908.17$56,209.19$54,681.35 cashfiows generated by the project for it to be accepted? $42,857$30,065$47,143$49,875$33,000

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