Stellan Manufacturing is considering the following two investment proposals:

	Proposal X	Proposal Y
Investment	$ 724 comma 000$724,000	$ 510 comma 000$510,000
Useful life	5 years	4 years
Estimated annual net cash inflows received at the end of each year	$ 158 comma 000$158,000	$ 106 comma 000$106,000
Residual value	$ 66 comma 000$66,000	$0
Depreciation method	Straightminusline	Straightminusline
Annual discount rate	10%	9%

Present value of an ordinary annuity of $1:

	8%	9%	10%
1	0.926	0.917	0.909
2	1.783	1.759	1.736
3	2.577	2.531	2.487
4	3.312	3.240	3.170
5	3.993	3.809	3.791
6	4.623	4.486	4.355

Compute the present value of the future cash inflows from Proposal Y.

A.

$272,085

B.

$295,800

C.

$343,440

D.

$255,000