?Lloyd's Moving Company is considering purchasing new equipment that costs

$$714,000.

Its management estimates that the equipment will generate cash flows as?follows:

Year 1	$$216,000
2	216,000
3	268,000
4	268,000
5	164,000

Present value of? $1:

	?6%	?7%	?8%	?9%	?10%
1	0.943	0.935	0.926	0.917	0.909
2	0.890	0.873	0.857	0.842	0.826
3	0.840	0.816	0.794	0.772	0.751
4	0.792	0.763	0.735	0.708	0.683
5	0.747	0.713	0.681	0.650	0.621

The? company's annual required rate of return is? 9%. Using the factors in the? table, calculate the present value of the cash flows.? (Round all calculations to the nearest whole? dollar.)

A.

$ $916,000

B.

$ $883,184

C.

$ $918,000

D.

$ 836,910