Phone Home, Inc. is considering a new 4-year expansion project that requires an initial fixed asset investment of $3 million. The fixed asset will be depreciated straight-line to zero over its 4-year tax life, after which time it will have a market value of $240,000. The project requires an initial investment in net working capital of $330,000, all of which will be recovered at the end of the project. The project is estimated to generate $2,600,000 in annual sales, with costs of $1,100,000. The tax rate is 30 percent and the required return for the project is 15 percent. What is the net present value for this project? (Rounding may be a problem. Choose the answer option that is closest to your final answer.) Select one: O A. $718,595 OB. $594,831 OC. $621,335 D. $674,208 E. $513,056