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In 2019, Easy Breathy started selling cloth face masks on Etsy. In 2019, they spent $5,500 on capital expenditures (unrecoverable) and increased their net working

In 2019, Easy Breathy started selling cloth face masks on Etsy. In 2019, they spent $5,500 on capital expenditures (unrecoverable) and increased their net working capital by $4,000 that will be recovered at the end of the project. In 2020, 2021, and 2022 (expected) they earned an operating cash flow of $9,000 per year. Before the end of 2022, they expect to close the Etsy shop. In 2019, no one believed that masks were a thing. The project was so risky and so crazy its WACC is 16%. The project is so risky and so crazy its WACC is 16%. What is the net present value of the project? A. $13,275.64 B. $17,500.00 C. $10,713.01 D. None of these E. $11,444.51

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