Majestic Corporation is planning a 12 year project that will have an initial cost of $900,000. During the first 3 years, there will be cash inflows of $80,000. Years 410 will see cash inflows of $350,000. Years 1112 will see cash inflows of $20,000. If the company's required rate of return is 10%, determine the NPV of the project. $227,320 $592,531 $513,491 $489,366