Project Alpha requires an immediate investment of $50,000 that will be depreciated on a straight-line basis down to zero. The project’s inflows are estimated to be $90,000 per year, and the project’s outflows are estimated to be $50,000 per year. The project has a 5-year life. Assuming no salvage value, a tax rate of 30%, and a required rate of return of 20%, which of the following comes closest to Alpha’s NPV?