A project is projected to cost $2,000,000 to undertake.It will generate positive cash inflows as follows:Year 1 - $400,000; Year 2 - 500,000; Year 3 - $650,000; Year 4 - 700,000; Year 5 - 800,000.What is the project's NPV, given a 10% required rate of return?

a. 185,000

b. 240,060

c. 100,000

d. 300,000