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Use the following table, Present Value of an Annuity of 1 Period 8% 9% 10% 1 926 .917 .909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 A company has a minimum required rate of return of 9%. It is considering investing in a project which costs $350,000 and is expected to generate cash inflows of $140,000 at the end of each year for three years. The net present value of this project is A) $35,434 B) $70,000 C) $35,436 D $4,340