Your company is investigating a project that will produce skateboards for the next $4$ years for the Hungarian Olympic team. You estimate the cost of the needed equipment to produce the skateboards is $$100,000,$ and the equipment will have an after$-$tax salvage value of $$34,000.$ The accounting department and production operations department have estimated that the annual Operating Cash Flow generated by the project will be $$234,410,$ and that the company must invest $$19,000$ into Net Working Capital immediately. This investment in NWC$,$ however, will be recovered at the end of the project.

What is the NPV of the project given that your firm's marginal tax rate is $30\%$ and the discount rate for the project is $25\%?$

$$21,709$

$$471,291$

$$456,291$

$$553,583$

$$434,583$