A company is considering an investment that will cost $848,000 and have a useful life of 7 years. The cash flows from the project are expected to be $459,000 per year in the first two years then $123,000 per year for the last 5 years. If the appropriate discount rate is 15.7 percent per annum, what is the NPV of this investment (to the nearest dollar)?

a. $194570

b. $1890570

c. $207291

d. $297171