What is the net present value of a project that has an initial cash outflow of $34,900 and the following cash inflows? The required return is 17.50 percent. The cash flows, in order, are $12,500 (year 1 CF). $19,700 (year 2 CF) and $0 (year 3 CF), and $10,500 (year 4 CF). a. $52,311.08 b. -$812.12 C. -$2,784.62 d. -$4,484.245