Maxwell's delivery service is considering a $128,00project. The project is expected to produce annual cash inflows of $82,000 in year 1 $48,000 in year 2 and $29,000 in year 3. What is the projects net present value if the discount rate is 9 percent?
a-$814.67
b $7,006.38
c $9,123.32
d $11,406.18