Solar Corp. is evaluating a capital project using the net present value method. The project has an initial cash outflow of $785,000 and the annual after-tax cash inflows for the project are below. For capital projects management requires a rate of return of 10.0%. Cash inflows are as follows: year 1$125,000, year 2$150,000, year 3$175,000, year 4$200,000 year 5 $250,000, year 6$150,000, and year 7$100,000. What is the net present value of the project? ($36,910) $25.464 ($40,416) $11,903