Q$28$ A project will produce an operating cash flow of $$78,900$ a year for five years. The initial cash outlay for equipment will be $$108,238.$ The net after$-$tax salvage value of $$37,679$ will be received at the end of the project. The project requires $$15,321$ of net working capital that will be fully recovered at the end of the project. What is the net present value of the project if the required rate of return is $12$ percent?

$$162,546\mathrm{.}49$

None of these options are correct

$$176,178\mathrm{.}84$

$$190,931\mathrm{.}47$

$$160,857\mathrm{.}84$