(Ignore Income Taxes in This Problem

(Ignore income taxes in this problem.) Gillaspie, Inc., is considering the purchase of a machine that would cost $300,000 and would last for 5 years. At the end of 5 years, the machine would have a salvage value of $51,000. The machine would reduce labor and other costs by $86,000 per year. Additional working capital of $10,000 would be needed immediately. All of this working capital would be recovered at the end of the life of the machine. The company requires a minimum pretax return of 13% on all investment projects.
-The combined present value of the working capital needed at the beginning of the project and the working capital released at the end of the project is closest to:

A) -$8,420
B) $25,170
C) -$4,570
D) $0