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The following details are provided by Beckett Company: $2,000,000 12% Initial investment Discount rate Yearly cash inflows 1 2 3 4 $808,000 $596,000 $596,000 $596,000

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The following details are provided by Beckett Company: $2,000,000 12% Initial investment Discount rate Yearly cash inflows 1 2 3 4 $808,000 $596,000 $596,000 $596,000 $808,000 Present Value of $1: 10% 1 0.909 2 0.826 3 0.751 4 0.683 5 0.621 11% 0.901 0.812 0.731 0.659 0.593 12% 0.893 0.797 0.712 0.636 0.567 13% 0.885 0.783 0.693 0.613 0.543 Calculate the NPV of the project. A. $950,000 B. $458,100 OC. $250,000 D. $1,005,000

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