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. Capital expenditure is 90,000 immediately (t-0) and it will be depreciated to zero over the three years from year one (t-1) to year three (t-3). Sales revenue will be 100,000 each year, and Cost of Goods Sold will be 50% of sales. The tax rate is 35%. working capital will change over the three years by -5000, -5000, +10,000. Calculate the NPV of the project: (15)