a. 200,000

b. 210,000

c. 220,000

d. 230,000

e. None of the above

Please include calculations

The Cold Fusion Corp. (manufacturer of the Mr. Fusion home power plant) is considering a new credit policy. The current policy is cash only. The new policy would involve extending credit for one period. Based on the following information, determine if a switch is advisable. The interest rate is 5.0 percent per period: What is the present value of cash inflow if the firm switches to the new policy