Dyrdek Enterprises has equity with a market value of $12.0 million and the market value of debt is $4.15 million. The company is evaluating a new project that has more risk than the firm. As a result, the company will apply a risk adjustment factor of 1.8 percent. The new project will cost $2.44 million today and provide annual cash flows of $636,000 for the next 6 years. The company's cost of equity is 11.55 percent and the pretax cost of debt is 5.00 percent. The tax rate is 21 percent. What is the project's NPV?

A. $383,270

B. $540,456

C. $220,124

D. $208,523

E. $199,713