A company is considering an investment that will cost $958,000 and have a useful life of 4 years. The cash flows from the project are expected to be $559,000 per year in the first two years then $122,000 per year for the last 2 years. If the appropriate discount rate is 12.8 percent per annum, what is the NPV of this investment (to the nearest dollar)?

Select one:

a. $137260

b. $2053260

c. $175298

d. $180939