The Double Play Deli is expanding and expects operating cash flows of $42,700 a year for four years as a result. This expansion requires $79,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $11,800 of net working capital throughout the life of the project. What is the net present value of this expansion project at a required rate of return of 11 percent? $68,288 $77,033 $51.075 $49,447 $46,345