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Kingsolver Corporation has provided the following data concerning an investment project that it is considering Initial investment Working capital.S16.000 Annual cash flow $133,000 per year

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Kingsolver Corporation has provided the following data concerning an investment project that it is considering Initial investment Working capital.S16.000 Annual cash flow $133,000 per year $6,000 Salvage value at the end of the project. Expected life of the projetdt. 3 years Discount rate. 8% Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table The working capital would be released for use elsewhere at the end of the project. The net present value of the project is closest to: o $(89791) O $(51,000) $(105,791 O $(118,495)

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