Here is a table for the present value of $1 at compound interest.

Year6%10%12%10.9430.9090.89320.8900.8260.79730.8400.7510.71240.7920.6830.63650.7470.6210.567

Here is a table for the present value of an annuity of $1 at compound interest.

Year6%10%12%10.9430.9090.89321.8331.7361.69032.6732.4872.40243.4653.1703.03754.2123.7913.605

Using the provided present value tables, if an investment is made now for $17,250 that will generate a cash inflow of $5,750 a year for the next four years, what would be the net present value of the investment, assuming an earnings rate of 10%? Round your answer to the nearest dollar.

a. $18,228

b. $17,250

c. $5,750

d. $978