Door to Door Moving Company is considering purchasing new equipment that costs $720,000. Its management estimates that the equipment will generate cash flows as follows: Year 1 $218,000 218,000 258,000 2 3 4 258,000 5 150,000 Present value of $1: 6% 7% 8% 9% 10% 1 0.943 0.935 0.926 0.917 0.909 2 0.890 0.873 0.857 0.842 0.826 O A. $38,804 O B. $774,000 C. $885,326 O D. $884,000 LUO,UUV 5 150,000 Present value of $1: 6% 7% 8% 9% 10% 1 0.943 0.935 0.926 0.917 0.909 2 0.890 0.873 0.857 0.842 0.772 0.826 3 0.840 0.816 0.794 0.751 4 0.792 0.763 0.735 0.708 0.683 5 0.747 0.713 0.681 0.605 0.621 The company's annual required rate of retun is 8 %. Using the factors in the table, calculate the present value of the cash inflows. (Round all calculations to the nearest whole dollar.) OA. $38,804 O B. $774,000 O C. $885.326 O D. $884,000