THE MANAGEMENT OF OPRAH CORPORATION IS CONSIDERING THE PURCHASE OF A MACHINE THAT WOULD COST OF $360000, WOULD LAST FOR 7 YEARS AND WOULD HAVE NO SALVAGE VALUE. The machine would reduce labor and other costs by $78,000 per year. The company requires a minimum pretax return of 11% on all investment projects. The net present value of the proposed project is closest to : A. 15646 B.186000 C.89588 D.7536