On March 15, Year 1, Kathleen Corp. adopted a plan to accumulate $1,000,000 by September 1, Year 5. Kathleen plans to make 4 equal annual deposits to a fund that will earn interest at 10% compounded annually. Kathleen made the first deposit on September 1, Year 1. Future value and future amount factors are as follows:

Future value of $1 at 10% for 4 periods	1.46
Future amount of ordinary annuity of $1
at 10% for 4 periods	4.64
Future amount of annuity in advance of $1
at 10% for 4 periods	5.11

Kathleen should make 4 annual deposits (rounded) of

A.

$250,000

B.

$195,700

C.

$684,930

D.

$215,500