Multiple Choice Question 76 Blossom recently invested in a project with a 3-year life span. The net present value was $10400 and annual cash inflows were $35000 for year 1; $37000 for year 2; and S39000 for year 3 . The initial investment for the project, assuming a 1S% required rate of return, was Present Value ofl at 15% 0.870 0.756 PV of an Annuity otlat?s. 0.870 1.626 2.283 Year 3 0.658 O $62638. O $8617o. O $69746