XYZ is considering a project that would last for 3 years and have a cost of capital of 19.90 percent. The relevant level of net working capital for the project is expected to be $1,938.70 immediately (at year 0); $4,800 in 1 year; $13,800 in 2 years; and $0 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 53.40 percent. What is the net present value of this project?

	Year 0	Year 1	Year 2	Year 3
Revenue	$0	$11,700	$10,700	$10,400
Costs	$0	$3,770	$3,770	$3,900
Depreciation	$0	$2,170	$1,810	$2,900
Cash flows from capital spending	-$6,600	$250.00	$870.00	$4,030

A. $3,595.18 (plus or minus $10)

B. $7,043.49 (plus or minus $10)

C. -$1156.14 (plus or minus $10)

D. $8754.03 (plus or minus $10)

E. None of the above is within $10 of the correct answer

Please do not use any chart or excel, Answer it simply by writing each part