Simpson Enterprises is considering a new project with revenue of $325,000 for the indefinite future. Cash costs are 63 percent of the revenue. The initial cost of the investment is $425,000. The tax rate is 21 percent and the unlevered cost of equity is 17 percent. What is the net present value of the project?

		$133,809
		$144,347
		$178,162
		$204,584
		$121,089