The following details are provided by Beckett Company:

Initial investment	$2,020,000
Discount rate	12%
Yearly cash inflows
1	$730,000
2	$586,000
3	$586,000
4	$586,000
5	$730,000

Present Value of $1:

	10%	11%	12%	13%
1	0.909	0.901	0.893	0.885
2	0.826	0.812	0.797	0.783
3	0.751	0.731	0.712	0.693
4	0.683	0.659	0.636	0.613
5	0.621	0.593	0.567	0.543

Calculate the NPV of the project.

The following details are provided by Beckett Company: Initial investment $2,020,000 Discount rate 12% Yearly cash inflows 1 $730,000 2 $586,000 3 $586,000 4 $586,000 5 $730,000 Present Value of $1: 10% 12% 1 0.909 A. $959,500 O B. $302,770 O C. $252,500 D. $1,015,050 11% 0.901 0.893 13% 0.885