Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment Annual cash flow Expected life of the project Discount rate $300,000 $ 134,000 per year 4 years 12% Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: Multiple Choice $107,092 $300,000 $(166,000) $(107,092)