A project costing $102,000 initially should produce cash inflows of $54,000 per year for six years. At the end of the six years, the project will be shut down and will be sold for an estimated net cash amount of $48,000. What is the net present value of this project if the required rate of return is 11 percent?

A. $202,786

B. $152,112

C. $228,449

D.-$202,786

E. $54,533