Blue Eagle Food is considering a project that would last for 3 years and have a cost of capital of 8.98 percent. The relevant level of net working capital for the project is expected to be 19,000 dollars immediately (at year 0); 5,000 dollars in 1 year; 34,000 dollars in 2 years; and 0 dollars in 3 years. Relevant expected operating cash flows and cash flows from capital spending in years 0, 1, 2, and 3 are presented in the following table. What is the net present value of this project?

Time 0

Year 1

Year 2

Year 3

Operating cash flows (in dollars)

0

43,000

74,000

78,000

Cash flows from capital spending (in dollars)

-160,000

0

0

15,000

Blue Eagle Food is considering a project that would last for 3 years and have a cost of capital of 8.98 percent. The relevant level of net working capital for the project is expected to be 19.000 dollars immediately at year 0), 5.000 dollars in 1 year: 34,000 dollars in 2 years; and 0 dollars in 3 years. Relevant expected operating cash flows and cash flows from capital spending in years 0, 1, 2, and 3 are presented in the following table. What is the net present value of this project? Time 0 Year 1 Year 2 Year 3 Pperating cash flows (in dollars) 0 43,000 74,000 78,000 - 160,000 Cash flows from capital spending (in dollars) 0 0 15,000 Number