Suppose Acme Manufacturing Corporations CFO is evaluating a project with the following cash inflows. She does not know the projects initial cost; however, she does know that the projects regular payback period is 2.5 years.

Year	Cash Flow
Year 1	$325,000
Year 2	$400,000
Year 3	$400,000
Year 4	$400,000

If the projects weighted average cost of capital (WACC) is 10%, what is its NPV?

$261,026

$274,764

$288,502