Thompson enterprises is considering a new project that allow it to begin operations in the mid-western united states. Projected cash flows and relevant information regarding cost of capital are presented below

Year	1	2	3	4	5
CF	$ (100,000)	$ (60,000)	$ 30,000	$ 160,000	$ 200,000
Cost of Equity	12%
Cost of Debt	6%
Total Equity	$ 6,000,000
Total Debt	$ 2,000,000

What is the NPV of the project?

Group of answer choices

$33,500.00

($67,000.50)

$113,099.22

$111,315.64