Gateway Communications is considering a project with an initial fixed assets cost of $174 million that will be depreciated straight-line to a zero book value over the 10 -year life of the project. At the end of the project the equipment will be sold for an estimated $232,000. The project will not change sales but will reduce operating costs by $383,500 per year. The tax rate is 23 percent and the required return is 107 percent The project will require $48,000 in net working capital, which will be recouped when the project ends. What is the project's NPV? Multiple Choice $281,0% $293,846 $348.705