An Investment That Costs $40,000 Will Produce Annual Cash Flows

An investment that costs $40,000 will produce annual cash flows of $12,000 for a period of 4 years. Given a desired rate of return of 10%, the investment will generate a (Do not round your PV factors and intermediate calculations. Round your answer to nearest whole dollar) :

A) positive net present value of $38,038.
B) positive net present value of $1,962.
C) negative net present value of $38,038.
D) negative net present value of $1,962.