Fimbrez Corporation has provided the following data concerning an investment project that it is considering:

Initial investment	$220,000
Annual cash flow	$129,000	per year
Expected life of the project	4	years
Discount rate	9%

Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table.

The net present value of the project is closest to

A.$197,831

B.$220,000

C.$(91,000)

D.$(197,831)