You are purchasing a 10-year license to operate a food truck on a local college campus. The license would cost $15,000 upfront and you would generate net annual cashflows of $5,000 in years 1-5, $3,000 in years 6-8, and $2,000 in years 9 and 10. If you require a 10% rate of return, and the cash flows occur at the end of each year, what is the NPV of this project?

Group of answer choices

$15,819.27

$12,415.85

$11,937.26

$23,000.00

$10,205.63