Stellan Manufacturing is considering the following two investment proposals: Proposal X Proposal Y Investment $734,000 $520,000 Useful life 5 years 4 years Estimated annual net cash inflows received at the end of each year $170,000 $100,000 Residual value $70,000 $0 Depreciation method Straight - line Straight - line Annual discount rate 10% 9%Compute the present value of the future cash inows from Proposal Y. Present value of an ordinary annuity of $1: 8% 9% 10% 0.926 0.917 0.909 1.783 1.759 1.736 2.577 2.531 2.487 3.312 3.240 3.170 3.993 3.809 3.791 4.623 4.486 4.355 mm-h-mMx A. $260,000 B. $277,420 C. $301,600 D. $324,000