C) B, D, A, C D) A, C, B, D 2. Flatirons Co. is considering a capital budgeting project. This project will initially require a $25,000 investment in equipment and a $3,000 working capital investment. The useful life of this project is 5 years with an expected residual value of zero on the equipment. The working capital will be released at the end of the 5 years. The new system is expected to generate net cash inflows of $9,000 per year in each of the 5 years. Also a repair of the equipment will be required at the END of year 3, costing $5,000. Flatiron's discount rate is 14%. The net present value of this project is closest to: Note: Working capital investment is considered part of the initial investment. A) $(3,088) B) $1,079 C) $2,522 D) $4,454 E) $3,375