30) Gamma Corporation is considering an investment of $518,000 in a land development project. The investment will yield cash inflows of $220,000 per year for five years. The company uses a discount rate of 9%. What is the net present value of the investment? Present value of an ordinary annuity of $1 8% 9% 10% 0.91 1.75 2.531 3.2 3.8 0.92 2 2.57 3.31 3.99 2.48 3.1 3.79 A) $238,280 B) $337,800 C) $341,880 D) $220,000