Baker Corporation is considering an investment opportunity with expected net cash inflows of $305,000 per year for four years. At the end of Year 4, the residual value of the investment is expected to be $20,000. The company uses a discount rate of 14%, and the initial investment is$580,000. Calculate the NPV of the investment. Present value of $1: 10% 12345 0.909 0.826 0.751 0.683 0.621 12345 0.909 1.736 2.487 3.170 3.791 12% OA. $900,610 OB. $320,610 OC. $11,840 O D. $557,250 0.893 0.797 0.712 0.636 0.567 Present value of Ordinary Annuity of $1 10% 12% 14% 14% 0.893 1.690 2.402 3.037 3.605 0.877 0.769 0.675 0.592 0.519 0.877 1.647 2.322 2.914 3.433 16% 0.862 0.743 0.641 0.552 0.476 16% 0.862 1.605 2.246 2.798 3.274