8) Determine the net present value (NPV) of an investment decision to purchase a property for $300,000 that will generate annual cash flows of $24,000 per year for 5 years and sell for $350,000 at the end of the 5-year holding period, if the appropriate discount rate is 10%? (Note: assume payments are made at end of year.) A) $7,546.68 B) $17,300.23 C) $153,807.13 D) $8,301.35