Sibelius Inc. is expanding and expects operating cash flows of $49,500 a year for nine years as a result. This expansion requires $36,500 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $2,200 of net working capital initially (year 0 ). What is the net present value of this expansion project at a required rate of return of 15.6 percent? $193,132.81$192,536.05$188,569.91