Carpenter Corporation is considering an investment opportunity with the following expected net cash inflows: Year 1, $215,000; Year 2, $300,000; Year 3, $350,000 At the end of Year 3, the residual value of the investment is expected to be $16,000. The company uses a discount rate of 13%, and the initial investment is $500,000. Calculate the NPV of the investment Present value of $1: 11% 12% 13% 14% 1 0.901 0.893 0.885 0.877 2 0.812 0.797 0.783 0.769 0.731 0.712 0.693 0.675 4 0.659 0.636 0.613 0.592 5 0.593 0.567 0.543 0.519 3 O A $178,813 B. 5678,813 OC $656,637 OD. $310,137