Suppose Happy Dog Soap Company is evaluating a proposed capital budgeting project (project Beta) that will require an initial investment of $2,500,000. The project is expected to generate the following net cash flows: The company's weighted average cost of capital is 10\%, and project Beta has the same risk as the firm's average project. Based on the cash flows, what is project Beta's NPV? $832,481 $1,232,481 $757,481 $1,417,353