Explorer Company is considering the following investment proposal: Initial investment: Depreciable assets (straight-line) Working capital $36,000 4,000 Operations (per year for 4 years): Cash receipts Cash expenditures Disinvestment: $25,000 11,000 Salvage value of equipment Recovery of working capital Discount rate: $3,000 4,000 10 percent Using a spreadsheet or financial calculator, determine the net present value for the investment. The investment's net present value is: Select one: A. $9,159 0 B. $44,378 OC. $8,756 OD. $9,154