A manufacturer of video games develops a new game over two years. This costs $820,000 per year with one payment made immediately and the other at the end of two years. When the game is released, it is expected to make $1.30 million per year for three years after that. What is the net present value (NPV) of this decision if the cost of capital is 10%?

$1,174,139

$1,291,552

$2,230,863

$1,878,622