Epiphany Industries is considering a new capital budgeting project that will last for three years. Epiphany plans on using a cost of capital of 12% to evaluate this project. Based on extensive research, it has prepared the following incremental cash flow projects: Year Sales (Revenues) 0 1 2 3 -Cost of Goods Sold (50% of Sales) -Depreciation = EBIT - Taxes (20%) 200,000 200,000 200,000 100,000 100,000 100,000 25,000 25,000 25,000 75,000 75,000 75,000 15,000 15,000 15,000 -unlevered net income 60,000 +Depreciation 25,000 25,000 60,000 60,000 25,000 +changes to working capital -5,000 -5,000 10,000 -capital expenditures -90,000 The not present value (NPV) for Epiphany's Project is closest to: tor