A corporation is assessing the risk of two capital budgeting proposals. The financial analysts have developed pessimistic, most likely, and optimistic estimates of the annual cash inflows which are given in the following table. The firm's cost of capital is 10 percent. If the projects have five-year lives, the range of the net present value for Project B is approximately ________.

	Project A
Initial Investment	Annual Cash flow	Outcome
$20,000	5000	pessimistic
	10000	most likely
	15000	optimistic
	project B
initial investment	annual cash flow	outcome
$100,000	20000	pessimistic
	40,000	most likely
	100,000	optimistic

A. $201,000

B. $80,563

C. $255,444

D. $303,263