Elsie Moving Company is considering purchasing new equipment that costs

$736,000.

Its management estimates that the equipment will generate cash flows as follows:

Year 1	$208,000
2	208,000
3	252,000
4	252,000
5	154,000

The company's required rate of return is 10%. Using the factors in the table below, calculate the present value of the cash inflows. (Round all calculations to the nearest whole dollar.)

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
3	0.840	0.816	0.794	0.772	0.751
4	0.792	0.763	0.735	0.708	0.683
5	0.747	0.713	0.681	0.650	0.621

A.

$808,466

B.

$820,114

C.

$804,343

D. 817.882