Use the following information to answer the next two questions (Q17 and 18) The Nuts is expanding and expects operating cash flows of $33,000 a year for five years as a result. This expansion requires $70,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $3,000 of net working capital throughout the life of the project. What is the net present value of this expansion project at a required rate of return of 14 percent? A$20,496.54 8 $111,369.91 C$104,400.35 D.$41,849.78 $17,800.25 O E. The Nuts is expanding and expects operating cash flows of $33,000 a year for five years as a result. This expansion requires $70,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $3,000 of net working capital throughout the life of the project. What is the IRR of this expansion project? A21.44 percent 22.20 percent 35.70 percent 015.23 percent 30.15 percent E