Question 23 4 pts 23. Consider the annual differential after-tax cash flows below for a capital budgeting project: End of Year After tax cash flow 1 $52,000 2 $64,000 3 $64,000 4 $90,000 The initial outlay is $286,000 and the terminal year non-operating cash flow is $48,000. If the weighted average cost of capital is 9.5%, what is the NPV of the project? O a. -$107,174.75 b. -$40,399.61 O c. $57,385.08 O d. $61,875.94 O e. $77.795.17