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Design Quilters is considering a project with the following cash flows: Initial Outlay = $126,000 Cash Flows: Year 1 = $44,000 Year 2 = $59,000

Design Quilters is considering a project with the following cash flows:

Initial Outlay = $126,000

Cash Flows:

Year 1 = $44,000

Year 2 = $59,000

Year 3 = $64,000

If the appropriate discount rate is 11.5%, compute the NPV of this project.

A. $14,947

B. $41,000

C. $2,892

D.$7,089

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