The Scyphoan Corporation is considering investing in a new cane manufacturing machine that has an estimated Ite of three years. The cost of the machine is $30,000 and the machine will be depreciated straight line over its three year ife to a residual value of $0. The cane manufacturing machine will result in sales of 2500 canes in yox 1 Sales are estimated to grow by 8% per year each year through year 3. The price per cano that Sisyphoan wil charge is customers is $19 each and is to remain constantThe canes have a cost per unit to manufacture of $10 each Installation of the machine and the resulting increase in manufacturing capacity will require an increase in various not working capital accounts. It is estimated that the Sisyphean Corporation needs to hold 2% of its annual sales in cash, 5% of its annual sales in accounts receivable, 0% of its annual sales in invertory, and 5% of its annual sales in accounts payable. The firm is in the 38% tax bracket and has a cost of capital of 9% The required not working capital in the second year for the Sisyphoon Corporation's project is closest to O A $5,643 OB-$3,591 C. $10.773 OD. $5.225