Fly High Co. is expanding and expects operating cash flows of $65,000 a year for four years as a result. This expansion requires 5105,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $7,000 of net working capital, which will be recovered at the end of the project. What is the net present value of this expansion project at a required rate of return of 15 percent? A)- 574,600 OB) $77,576 C) - $36.900 D) 573,574 E) $80,572