Assume that a company is planning to invest $150,000 in a project that will last three years. The project will produce the following net cash inflows:

Year 1	$	55,000
Year 2	$	75,000
Year 3	$	?

Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. Assuming the projects internal rate of return is exactly 5%, the expected net cash inflow for year 3 is closest to:

Multiple Choice

• $37,637

• $34,277

• $42,377

• $30,477