Rossdale Flowers has a new greenhouse project with an initial cost of $337,500 that is expected to generate cash flows of $47,300 for 10 years and a cash flow of $62,700 in Year 11. If the required return is 9 percent, what is the project's NPV?

• $109,165.48

• $9,646.48

• $15,614.49

• $89,185.45

• $8,683.82