Answer is provided, please show all steps so I can fully understand how to solve. also please include any calculations performed so I can clearly see what is happening step by step. thank you !

23) 23) A project will produce an operating cash flow of $10,100 a year for five years. The initial cash investment in the project will be $32,500. The net after-tax salvage value is estimated at $6,000 and will be received during the last year of the project's life. What is the net present value of the project if the required rate of return is 10%? A) $5,515.64 B) $9,512.47 C) $11,786.95 D) $5,786.95 E) $3,613.72