XY Inc. is considering a three-year project. The initial investment on the fixed asset will be $90,000. Fixed asset will be depreciated using straight-line method to zero over the life of the project. The net working capital investment will be $50,000. The project is estimated to generate $200,000 in annual sales, with cost of $150,000. Assume the tax rate is 35% and required return is 10%, what is the NPV of this project?

$-33,065

$30,971

$15,428