Charley has a typing service. He estimates that a new computer will result in increased cash inflow $2,700 in Year 1, $3,100 in Year 2 and $4,100 in Year 3. (Ignore income taxes.)

Click here to view Exhibit 13B-1 to determine the appropriate discount factor(s) using tables.

If Charley's required rate of return is 11%, the most that Charley would be willing to pay for the new computer would be: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.)

A. $7,947

B. $7,831

C. $5,217

D. $7,650