The Down towner is considering a four year project that will require $164,800 for fixed assets and $42,400 for net working capital. The fixed assets will be depreciated straight line to a zero book value over the life of the project. At the end of the project, the fixed assets can be sold for $37,500 and the net working capital will return to its original level. The project is expected to generate annual sales of $195,000 and costs of $117,500. The tax rate is 35 percent and the required rate of return is 13 percent. What's the projects net present value?

A. $48,909.09

B.$67,316.67

C. $26,485.23

D.$36,500.00

E. $59,488.87