Penn Corp. is expanding and expects operating cash flows of $$34,000$ a year for $3$ years as a result. This expansion requires $$28,000$ in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $$18,000$ of net working capital which will be recouped when the project ends. What is the net present value of this expansion project at a required rate of return of $8$ percent?

Group of answer choices

$$30,321\mathrm{.}43$

$$42,920\mathrm{.}24$

$$48,720\mathrm{.}39$

$$55,910\mathrm{.}28$