Bob has just completed the development of a better face shield for health workers. The new product is expected to produce annual revenues of $43,000. Bob requires an investment in an advanced 3D Printer costing $15,999.34 The project has an expected life of 5 years based upon the development and dissemination of a vaccine for coronavirus. The 3D printer will have $1278 salvage value as the market for 3D printers will be flooded as demand plummets for face shields. In order to produce the face shields Bob must maintain a large inventory of plastic pellets. Therefore, working capital is expected to increase by $9,000. However, Bob will only recover $3,000 of working capital at the end of the products life cycle. Annual operating expenses are estimated at $38,000. The required rate of return is 5%. Prepare a schedule of projected annual cash flows Calculate the Net Present Value