Gateway Communications is considering a project with an initial fixed asset cost of $2.168 million which will be depreciated straight-line to a zero book value over the ro-year fife of the project. Ignore bonus depreciation. At the end of the project the equipment will be sold for an estimated $495 oon The project will not directly produce any sales but will ceduce operating costs by $634,000 per year. The tax rate is 21 percent. The project will require $128.000 of net working capital which will be recouped when the project ends. What is the net present value at the fequired rate of return of 14.3 percent? $668,019.24 $701,414.14 $652,108.10 $570,475.57 $657,345.35