Permaprint PLC is considering expanding a production line. The new equipment for the line will cost $$1,565,000.$ In addition, net working capital will increase by $$115,000$ and remain at that level for the life of the project. The new line is expected to generate operating cash flows for the next four years of $$365,000,$ $$480,000,$ $$590,000,$ and $$760,000.$ Permaprint's discount rate for the project is$10\mathrm{.}79\%.$ The net present value of the project is closest to:

Question $12$ options:

$$21,188.$

$$55,142.$

$-$$$21,188.$