Oriental Corporation has gathered the following data on a proposed investment project:

Investment in depreciable equipment $ 200,000

Annual net cash flows	$ 50,000
Life of the equipment	10 years
Salvage value	$ 0
Discount rate	10 %

Present value of an annuity of $1; n=10 & i=10% -> 6.145

Assume cash flows occur uniformly throughout a year except for the initial investment.

The net present value of this investment would be:

Group of answer choices

$(14,350)

$76,525

$200,000

$77,200