Foley Systems is considering a new investment whose data are shown below. The equipment would be depreciated on a straight-line basis over the project's 3-year life, would have a zero salvage value and would require additional net operating working capital that would be recovered at the end of the project's life. Revenues and other operating costs are expected to be constant over the project's life. What is the project's NPV? (Hint: Cash flows from operations are constant in Years 1 to 3.) Do not round the intermediate calculations and round the final answer to the nearest whole number VACC Net investment in fixed assets basis $75,000 Required net operating working capital $15.000 Seraight line depreciation rate 32 33 Annual revenues 550.000 Annual operating costs excl. depr.) 525.000 Tax rate a. $6.860 Ob.-57,615 OC-56,106 d. 57,683 Oe.$6,380