Imagine you want to start up a company to manufacture and sell Pirate sunglasses. You've done your homework and estimate design and launch costs to be $120,000. You expect to sell 500 pairs in the first year, 2,000 pairs in second year, and 5,000 pairs in the following three years. The sales price will be $99 and each pair will cost $75 to produce and market. If your required return is 25%, what is your NPV? (Round your answer to the nearest cent; e.g., $100,000.01)

Group of answer choices

$89,543.89

$70,233.60

$59,564.90

$68,746.61

None of the above