Dyrdek Enterprises has equity with a market value of $$10\mathrm{.}7$ million and the market value of debt is $$3\mathrm{.}50$ 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 $1\mathrm{.}5$ percent. The new project will cost $$2\mathrm{.}18$ million today and provide annual cash flows of $$571,000$ for the next $6$ years. The company's cost of equity is $11\mathrm{.}03$ percent and the pretax cost of debt is $4\mathrm{.}87$ percent. The tax rate is $21$ percent. What is the project's NPV$?$

Multiple Choice

$$ $$252,458$

$$ $$234,824$

$$ $$233,551$

$$ $$378,137$

$$

$$496,618$