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ABC, Inc. is considering a project that requires $21,000 in net working capital and $121,000 in fixed assets, which will be depreciated straight-line to zero

ABC, Inc. is considering a project that requires $21,000 in net working capital and $121,000 in fixed assets, which will be depreciated straight-line to zero over the three-year life of the project. The fixed assets have a salvage value of 28,500. The operating cash flow of the project is $61,300 per year. The tax rate is 35% and the required rate of return is 16%. What is the NPV of this project?

please show steps and formulas, im using a ba ii plus financial calculator

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