hjw tech is considering a project that would last for 2 years. the project would involve an initial investment of $340000 for new equipment that would be sold for an expected price of $220000 at the end of the project in 2 years. the equipment would be depreciated to $60000 over 4 years using straight line depreciation. in year 1 and 2, relevant annual revenue for the project is expected to be $340000 per year and relevant annual cost for the project are ezpexted to be $190000 per year. the tax rate is 40% and the cost of capital for the project is 15.4%. what is the net present value of the project?

a. 9.591(plus or minus $100)

b. 13292

c. 16061

d. 10054

e. None of the other assertion is within $100 of the correct answer