(Ignore income taxes in this problem.) Your Company is considering a project with a 6-year life. Your required rate of return is 14%. What is the net present value of the project?

		Project
	Cost of equipment needed now	$190,000
	Working capital investment needed now	150,000
	Annual cash operating inflows	70,000
	Salvage value of equipment in 6 years	0

Group of answer choices

( $17,775)

$ 630

$57,225

$18,870