Joycast expects that there is an 5% chance of a loss of $5 million next year. If Joycast conducts new safety policies, the chance of this loss will be 2.5%. The new safety policies will cost $210000 immediately. Assume that the beta of the loss is 0, and the risk-free rate of interest is 4.4%. If Joycast is uninsured, the NPV of implementing the new safety policies is closest to:

$329732

$-90268

$29464

$329732