Simpson Enterprises is considering a new project with cash inflows of $325,000 for the indefinite future. Cash costs are 63 percent of the cash inflows. The initial cost of the investment is $425,000. The tax rate is 35 percent and the unlevered cost of equity is 17 percent. What is the net present value of the project? $34,779.41 $44,347.48 $78,162.50 $204,584.78 $121,089.16