Please explain the work if you can

Sam Weller is thinking of investing $70,000 to start a bookstore. Sam plans to withdraw $15,000 from the business at the end of each year for the next five years. At the end of the fifth year, Sam plans to sell the business for $110,000 cash. At a 12% discount rate, what is the net present value of the investment? A. $54,075 B. $62,370 C. $46,445 D. $70,000 43. The following data pertain to an investment in equipment: Investment in the project $10,000 Annual Net cash inflows $2,400 Working capital required $5,000 Salvage value of the equipment $1,000 Life of the project 8 years At the completion of the project, the working capital will be released for use elsewhere. Compute the net present value of the project, using a discount rate of 10% A. $606 B. $8,271 C. $(1,729) D. $1,729