ACME labs is considering purchasing a new industrial blast furnace for $96,400. They anticipate that annual maintenance will cost $12,050 per year but expect that this furnace will generate $144,600 in net positive benefit each year from reduced energy consumption and labor costs for the next five years. Further, they expect the residual value of the furnace to be 25% of the purchase cost at the end of its useful life. What is the net future worth of this project if ACME's MARR is 8%?

$525,475

$660,061

$486,310

$725,264