You are thinking of investing in an ice cream business whose project inflows are expected to be $20,000 per year, and project outflows are expected to be $14,000 per year. These cash flows will begin in one year and will last for a total of two consecutive years. The project will require an immediate investment in an ice cream machine that costs $6,000 and will be depreciated for two years on a straight line basis to zero. There is no salvage value. Projects of similar risk offer a 25% required return. Your tax rate is 30%. Which of the following comes closest to the projects net present value? (

a. $5,750

b. $4,200

c. $2,851

d. $1,344

e. ($2,851)