Assume the following information for a capital budgeting proposal with a five$-$year time horizon:

Initial investment:

Cost of equipment $($zero salvage value$)$

$$570,000$

Annual revenues and costs:

Click here to view Exhibit $12$B$-1$ and Exhibit $12$B$-2,$ to determine the appropriate discount factor$($s$)$ using the tables provided.

If the company's discount rate is $12\%,$ then the net present value for this investment is closest to:

Multiple Choice

$$281,600.$

$$(181,600).$

$$(281,600).$

$$(101,350).$