(Present Value Tables Are Required

(Present value tables are required. ) Mantua Motors is evaluating a capital investment opportunity.This project would require an initial investment of $38,000 to purchase equipment.The equipment will have a residual value at the end of its life of $3,000.The useful life of the equipment is 5 years.The new project is expected to generate additional net cash inflows of $12,000 per year for each of the five years.Mantua Motors' required rate of return is 14%.The net present value of this project is closest to

A) ($1,994) .
B) $4,753.
C) $3,196.
D) $28,386.