A project is expected to create operating cash flows of $30,000 a year for three years. The initial cost of the fixed assets is $60,000. These assets will be worthless at the end of the project. An...

A project is expected to create operating cash flows of $30,000 a year for three years. The
initial cost of the fixed assets is $60,000. These assets will be worthless at the end of the project.
An additional $10,000 of net working capital will be required throughout the life of the project. What
is the project net present value if the required rate of return is 10%? Provide proof of your
alternatives and explain.