A retailer is looking to expand operations at all of their stores for an initial investment of $$880.$ This investment will

be depreciated on a straight line basis over the project's $10$ year life. The expansion is expected to produce annual

cash inflows of $$530$ in consecutive years over the life of the project beginning one year from today, while also

producing annual cash outflows of $$320$ in consecutive years over the life of the project, also beginning one year

from today. What is the project's NPV if the corporate tax rate is $38\%$ and the project's required rate of return is

$12\%?$

$$243\mathrm{.}54$

$$44\mathrm{.}60$

$$-353\mathrm{.}12$

$$1804\mathrm{.}60$

$$756\mathrm{.}40$