Lobers, Inc., has estimated that a proposed project's 10-year annual net cash benefit, received each year end, will be $2,500 with an additional terminal benefit of $5,000 at the end of the tenth year. Assuming that these cash inflows satisfy exactly the required rate of return is 8 percent, calculate the initial cash outlay. $16,775 $19,900 $30,000 $19,090 $25,000