So Far Sofas wants to invest in a stuffing machine. The cost of the machine is $15,000. The net cash flows resulting from the investment are as follows: Year 1: $4,000; Year 2: $4,500; Year 3: $7,000; Year 4: $5,000; Year 5: $2,000. The companys cost of capital is 12.50%. Compute the NPV of the project.

Group of answer choices

$1,258.77

($1,258.77)

$7,500.00

$22,500.00