Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $30,000 to purchase equipment. The equipment will have a residual value at the end of its life of $4,000. The useful life of the equipment is 6 years. The new project is expected to generate additional net cash inflows of $18,000 per year for each of the six years. Coyne's required rate of return is 12%. The net present value of this project is closest to: (Click the icon to view the present value of $1 table.) (Click the icon to view the present value of annuity of $1 table.) A. $43,998. B. $46,026. C. $60,816. D. $16,806. Data table Data table