Intro Managerial Accounting

White Companys required rate of return and discount rate is 12%. The company is considering an investment that would yield a cash inflow of $10,900 in five years. The maximum amount that the company should be willing to invest in this project is (Round your intermediate calculation to 3-decimals and final answer to the nearest dollar amount.):

A.) $3,024.

B.) $6,180.

C.) $19,224.

D.) $39,295.