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Design Now is opening a showcase office to display and sell its computer designed poster art. The firm expects cash flows to be $ 1

Design Now is opening a showcase office to display and sell its computer designed poster art. The firm expects cash flows to be $120000 in the first year, $180000 in the second year, $240000 in the third year. If Designs uses 11% as its discount rate annually, what is the present value of the cash flows for the entire 3 year period?
a - $424,820
b -429,686
c - $426,898
d - $457,620
e -456,000

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