Please explain your answer and preferably show your work in Excel spreadsheet format. Thank you!

Your firm has an average - risk project under consideration. You choose to fund the project in the same manner as the firm's existing capital structure. If the cost of debt is 8.50%, the cost of preferred stock is 9.00%, the cost of common stock is 11.50%, and the WACC adjusted for taxes is 10.50%, what is the NPV of the project, given the expected cash flows listed here? Category To T T T3 Investment - $800,000 NWC - $50,000 Operating Cash Flow $350,000 $350,000 $50,000 $350,000 $20,000 Salvage Total Incremental Cash Flow - $850,000 $350,000 $350,000 $420,000 C O A. $64,675 O B. $48,415 OC. $98,415 O D. $914,675