Bevans Corporation is considering a capital budgeting project that would require an initial investment of

$190,000. The investment would generate annual cash inflows of $58,000 for the life of the project, which is

4 years. The company's discount rate is 7%. The

net present value

of the project is closest to:

A.

$190,000

B.

$6,446

C.

$196,446

D.

$42,000