The Following Data Pertain to an Investment in Equipment At the Completion of the Project,the Working Capital Will Be

The following data pertain to an investment in equipment: $\begin{array} { l l } \text { Investment in the Project } & \$ 10,000 \\\text { Net Annual Cash Inflows } & \$ 2,400 \\\text { Working Capital Required } & \$ 5,000 \\\text { Salvage Value of the Equipment } & \$ 1,000 \\\text { Life of the Project } & 8 \text { years }\end{array}$ At the completion of the project,the working capital will be released for use elsewhere.What is the net present value of the project,using a discount rate of 10%? (Ignore income taxes in this problem.)

A) $606.
B) $1,729.
C) ($1,729) .
D) ($827) .