Your firm is considering investing in a project that will require an initial outlay of $10,000. You expect the project to have an operating life of four years. You expect it to generate the following cash flows: (1) $3,000 in the first year, (2) $4,000 in the second year, (3) $2,500 in the third year, and (4) $2,000 in the final year.

Assuming that your firm requires 8% returns on such investments, what is the net present value of the project?

Group of answer choices

$59.29

$139.05

-$313.17

-$338.23