Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $44,000 to purchase equipment. The equipment will have a residual value at the end of its life of $3,000. The useful life of the equipment is 5 years. The new project is expected to generate additional net cash inflows of $19,000 per year for each of the five years. Coyne's required rate of return is 10%. 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. $29,892. B. $3,008. C. $28,029. D. $46,568. Data table Data table