A company is considering an investment that will cost $946,000 and have a useful life of 7 years. The cash flows from the project are expected to be $562,000 per year in the first two years then $89,000 per year for the last 5 years. If the appropriate discount rate is 12.3 percent per annum, what is the NPV of this investment (to the nearest dollar)? a. $252593 b. $2144593 c. $279749 d. $318533