The ABC Resort is redoing its golf course at a cost of $898,000. It expects to generate cash flows of $474,000, $673,000 and $133,000 over the next three years. If the appropriate discount rate for the company is 18.6 percent, what is the NPV of this project (to the nearest dollar)?

Select one:

a. $59848

b. $1855848

c. $-90371

d. $148842