ABC Corporation is considering a capital budgeting project that would require an initial investment of $324,000 and working capital of $24,000. The working capital would be released for use elsewhere at the end of the project in 4 years. The investment would generate annual cash inflows of $112,000 for the life of the project. At the end of the project, equipment that had been used in the project could be sold for $9, 500. The company's discount rate is 9%. The net present value of the project is closest to: $58, 698 $42, 614 $64, 574 $38, 481 The internal rate of return for a project can be determined: only if the project's cash flows are constant. only if the project profitability index is greater than zero