Project X has cashflows of $11,400 in year 0, -2,500, -2,500,-2,500 and -9,500 in years 1,2,3,4, respectively. What is the net present value of the following cash flows if the relevant discount rate is 5.75 percent? a $1,211.40 b. $507.19 c. -$1,482.15 d. -$1,232.68 e. $1,402.02