A machine is expected to produce annual savings in cash operating costs of $405,000 for the next five years.

FV of 1 (i = 9%, n = 5):	1.539
FV of a series of $1 cash flows (i = 9%, n = 5):	5.985
PV of $1 (i = 9%; n = 5):	0.650
PV of a series of $1 cash flows (i = 9%, n = 5):	3.890

If the company has a(n) 9% after-tax hurdle rate and is subject to a 30% income tax rate, the correct discounted net cash flow would be: