XYZ is considering a project that would last for 3 years and have a cost of capital of 19.10 percent. The relevant level of net working capital for the project is expected to be $2,179.50 immediately (at year 0); $4,610.00 in 1 year; $15,200.00 in 2 years; and $0.00 in 3 years. Relevant expected revenue, costs, depreciation, and cash flows from capital spending in years 0, 1, 2, and 3 are presented in the following table. The tax rate is 49.00 percent. What is the net present value of this project? .

	Year 0	Year 1	Year 2	Year 3
Revenue	$ 0.00	$13,500.00	$13,700.00	$10,700.00
Costs	$ 0.00	$3,960.00	$3,580.00	$2,700.00
Depreciation	$ 0.00	$2,450.00	$2,250.00	$2,700.00
Cash flows from capital spending	$-7,550.00	$1,170.00	$ 640.00	$3,700.00

		$6091.98 (plus or minus $10)
		$10018.32 (plus or minus $10)
		$850.49 (plus or minus $10)
		$11469.45 (plus or minus $10)
		None of the above is within $10 of the correct answe