Daniel's Market is considering a project with an initial cost of $$176,500.$ The project will not produce any cash flows for the first three years. Starting in Year $4,$ the project will produce cash inflows of $$127,500$ a year for three years. This project is risky, so the firm has assigned it a discount rate of $17$ percent. What is the project's net present value?

a$.$

$$$$601\mathrm{.}03$

b$.$

$$105,222$

c$.$

$$$$6,500$

d$.$

$$29,301\mathrm{.}80$

e$.$

$$621\mathrm{.}30$