Question 23 4 pts 23. Consider the annual differential after-tax cash flows below for a capital budgeting project: End of Year 1 2 After tax cash flow $52,000 $64,000 $64.000 $90,000 3 The initial outlay is $286,000 and the terminal year non-operating cash flow is $48,000. If the weighted average cost of capital is 9.5%, what is the NPV of the project? a. -$107.174.75 b. -$40,399.61 c. $57,385.08 d. $61,875.94 e. $77.795.17