A project requires a $44,000 initial investment and is expected to generate end-of-period annual cash inflows as follows: Assuming a discount rate of 12%, what is the net present value (rounded to the nearest whole doliar) of this investment? Selected present value factors for a single sum are shown in the table below. Multiple Choice 50 $4,835 $(13,257) $48,835 $(2,574) A project requires a $27,000 initial investment and is expected to generate end-of-period annual cash inflows of $12,500 for each of three years. Assuming a discount rate of 13%, what is the net present value of this investment? Selected present value factors for a single sum are shown in the table below: Multiple Choice $0 $5,012 $(9,591) $2,515 $29,515