A proposed project lasts three years and has an initial investment of $200,000. The after-tax cash flows are estimated at $73,540 for year 1, $146,640 for year 2, and $161,860 for year 3. The firm has a target debt/equity ratio of 1.23. The firm's cost of equity is 14.74% and its cost of debt is 9.94%. The tax rate is 34%. What is the NPV of this project? $100,139 $102.845 $105,551 $108,258 $110,964