Assume that a company has provided the following information regarding a capital Investment opportunity Initial investment in equipment Initial investment in working capital Estimated annual sales Estimated annual cash operating expenses Repairs and maintenance in 3 years $ 150,000 $ 30,000 $160,000 $ 70,000 $ 20,000 Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factors using the tables provided. The equipment has a four-year useful life and no salvage value. The working capital will be released at the end of the project. The company's tax rate is 30%. Assuming a discount rate of 20%, the present value of all relevant cash flows from year 4 is closest to: Multiple Choice $47,249. $52,826. $50.249 $44,826