The following data relates to an investment proposal: Investment in equipment $32,000 Net annual cash inflow 5,000 expected Working capital required 8,000 Salvage value of equipment 2,000 Life of the project 10 years Working capital will be recovered at the end of the project's life. Using an 6% discount rate, the net present value of the project is closest to: $10,380 ($2,084) None of the other answers are correct $5,916 $2,380