A company has gathered the following data on a proposed investment project:

Investment required in equipment now: $400,000 Salvage Value $0 Life of the investment 10 years Annual cash inflow $80,000 Discount rate 10%

Use the appropriate factor(s) to calculate the net present value of the investment that is closest to:

Factors: Present Value of $ 0.3855 Present Value of an annuity 6.1446 Future Value of $ 2.593 Future Value of an annuity 15.9374

A. $(96,720)
	B. $80,000
	C. $91,600
	D. $491,600