Daisy's Donuts is expanding its operations.This expansion requires $59,000 in new fixed assets, which are expected to be worthless at the end of the project.Daisy expects operating cash flows of $20,000 per year for 4 years as a result of the expansion.In addition, the project requires $4,000 of net working capital throughout the life of the project.What is the net present value of this expansion project at a required rate of return of 8.5 percent?

A. -$7,704

B. -$3,808

C. $5,398.23

D. $10,903

E. $12,577