Company X and Y is considering an investment in a project which would require an initial outlay of #320,000 and produce expected cash flows in years 1-5 of $87,385 per year. I have determined that the current after-tax cost of the firm's capital (required rate of return) for each source of financing is as follows: * Cost of Long-Term Debt: 8% * Cost of Preferred Stock: 12% * Cost of Common Stock: 16% Long term debt currently makes up 20% of the capital structure, preferred stock 10%, and common stock 70%. What is the net present value of this project? Minus $13,876, Minus $20,000, $0, $287,692, or $1,568