Ballinger Corporation is considering an investment opportunity with the following expected net cash inflows: Year 1, $230,000; Year 2, $395,000; Year 3, $315,000. At the end of Year 3, the residual value of the investment is expected to be $69,000. The company uses a discount rate of 11%, and the initial investment is $480,000. Calculate the NPV of the investment. Present value of $1: 11% 0.901 0.812 0.731 0.659 0.593 1 2 3 4 5 E OA. $707,796 OB. $356,916 OC. $808,674 OD. $328,674 12% 0.893 0.797 0.712 0.636 0.567 13% 0.885 0.783 0.693 0.613 0.543 14% 0.877 0.769 0.675 0.592 0.519 ... +

Ballinger Corporation is considering an hwortment opportunty with the following expected not cath infown Year 1, \$230,000; Year 2, \$395, 000; Year 3, $315,000, At the end of Ynar 3, the maidual value of the investment is expected to be $60,000. The company uses a dscount rate of 11%, and the intial livestment is $480,600. Calculate the NPV of fhe invectment. A. 5707,796 1. 5956.916 C. 5806,674 D. $328.674