(Ignore income taxes in this problem.) Your Company is considering a new project. This project will initially require $50,000 of working capital and no other initial investments. The useful life of...

(Ignore income taxes in this problem.) Your Company is considering a new project. This project will initially require $50,000 of working capital and no other initial investments. The useful life of this project is 9 years. The project is expected to generate net cash inflows of $3,800 per year in each of the 9 years. Your Company's discount rate is 7%. What is the net present value of this project?

Please solve and show work