Given the following information and assuming straight-line depreciation to zero, what is the NPV for this project?

• Initial investment in fixed assets = $900,000
• initial investment in net working capital = $150,000
• life = 5 years
• cost savings = $300,000 per year
• salvage value = $10,000
• tax rate = 21%
• discount rate = 12% (Required rate of return)

Group of answer choices

$-54,925

$1,172

$25,707

$30,189

$257,290