use formula

4. A project will have annual operating cash flow of $37,500 for 4 years. At the beginning of the project, net working capital of $122,000 will be needed. Only $18,700 of this amount will be recovered at the end. Ignoring taxes, what is the project's NPV if the required return is 8%? C. NPV (Net Present Value) Criteria NPV CFt ST=0 (1+r) or NPV = PV - C