Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $36,000 to purchase equipment. The equipment will have a residual yalue at the end of its life of $5,000. The useful life of the equipment is 4 years. The new project is expected o generate additional net cash inflows of $19,000 per year for each of the four years. Coyne's required rate of return is 10%. The net present value of this project is closest to: EEB (Click the icon to view the present value of $1 table.) EEB (Click the icon to view the present value of annuity of $1 table.) O A. $24,230. B. $39,057 OC. $10,941. O D. $27,645