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Parks Corporation is considering an investment proposal in which a working capital investment of $ 1 0 , 0 0 0 would be required. The

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Parks Corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. The investment would provide cash inflows of $2,000 per year for six years. The working capital would be released for use elsewhere when the project is completed. If the company's discount rate is 10%, the investment's net present value is closest to (Ignore income taxes.):
Click here to view Exhibit 7B-1 and Exhibit 7B-2, to determine the appropriate discount factor(s) using the tables provided.
Multiple Choice
$1,290
$(1,290)
$2,000
$4,350
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