The following data pertain to an investment in equipment:

Investment in the Project

$$10,000$

Net Annual Cash Inflows

$$2,400$

Working Capital Required

$$5,000$

Salvage Value of the Equipment

$$1,000$

Life of the Project

$8$ years

At the completion of the project, the working capital will be released for use elsewhere. What is the net present value of the project, using a discount rate of $10\%?($Ignore income taxes in this problem.$)($Do not round your intermediate calculations and round the final answer to the nearest whole dollar.$)$

Question $14$ options:

$$603$

$($$$1,729)$

$($$$517)$

$$126$