Question: I keep on doing the math and i am not sure what I am doing wrong, I guessed the right answer but I want to

I keep on doing the math and i am not sure what I am doing wrong, I guessed the right answer but I want to know where I messed up

I keep on doing the math and i am not sure what

XYZ is considering a project that would last for 3 years and have a cost of capital of 22.20 percent. The relevant level of net working capital for the project is expected to be $1,853.10 immediately (at year 0); $4,780.00 in 1 year; $14,200.00 in 2 years; and $0.00 in 3 years. Relevant expected revenue, costs, depreciation, and cash flows from capital spending in years 0, 1, 2, and 3 are presented in the following table. The tax rate is 49.90 percent. What is the net present value of this project?. Year 0 Year 1 Year 2 Year 3 Revenue $ 0.00 $10,000.00 $11,200.00 $10,100.00 Costs $ 0.00 $3,770.00 $3,890.00 $4,500.00 Depreciation $ 0.00 $2,170.00 $2,490.00 $1,800.00 Cash flows from capital spending $-6,900.00 $ 900.00 $1,270.00 $3,480.00 Selected Answer: $2573.83 (plus or minus $10) Answers: $-1855.82 (plus or minus $10) $5979.80 (plus or minus $10) $8123.46 (plus or minus $10) $2573.83 (plus or minus $ 10) None of the above is within $10 of the correct

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