Hamell Company has gathered the following data on a proposed investment project: Discount rate Life of the project Initial investment Annual cash inflows Salvage value 8% 8 years $330,000 73,000 0 The net present value on the proposed investment is closest to (Round your intermediate calculations to 3- decimals and your present value calculations to the nearest dollar amount) -$89,531. O $89.531 O $419,531 O $73,000