Microsoft Co. is evaluating a project with initial investment (at year 0) of $40,000 that is expected to produce annual profits of $15,000 for 4 years, starting at year 1. One year after the project ends, there will be an environmental clean-up cost of $27,000 (at year 5). If Microsoft Co.s cost of capital is 11.00%, what is the net present value (NPV) of this project?

Group of answer choices

$6,536.69

$-9,486.50

$-20,463.31

$-7,000.00