A project will produce after$-$tax operating cash inflows of $$3,200$ a year for $5$ years. The after$-$tax salvage value of the project is expected to be $$2,500$ in year $5.$ The project's initial cost is $$9,500.$ What is the net present value of this project if the required rate of return is $16$ percent?

$-$$$311\mathrm{.}02$

$$4,650\mathrm{.}11$

$$2,168\mathrm{.}02$

$$21,168\mathrm{.}02$

None of the options are correct.

$$9,188\mathrm{.}98$