Porus Corp has provided the following data concerning a four year investment project that it is considering:

Initial investment in equipment	$ 660,000
Annual cash flows	$ 300,000 per year
Salvage value of equipment at the end of the project	$ 14,000

If the companys discount rate is 14%, the net present value of the project is closest to: (factors from Exhibit 12B-1 and Exhibit 12B-2 for an interest rate of 14% are provided below).

Periods	Present Value of $1	Present Value of an Annuity of $1
1	0.877	0.877
2	0.769	1.647
3	0.675	2.322
4	0.592	2.914

a) $168000

b) $327968

c)$213900

d)$222188