Rossdale Flowers has a new greenhouse project with an initial cost of $305,200 that is expected to generate cash flows of $45,700 for 8 years and a cash flow of $61,100 in Year 9. If the required return is 8.2 percent, what is the project's NPV?

Multiple Choice

$14,499.71

$73,330.77

$7,984.15

$22,076.33

$97,658.31