The management of River Corporation is considering the purchase of a new machine costing $380,000. The company's desired rate of return is 6%. The present value factor for an annuity of $1 at interest of 6% for 5 years is 4.212. In addition to the foregoing information, use the following data in determining the acceptability of this investment:

Year	Income from Operations		Net Cash Flow
1	$20,000		$95,000
2	20,000		95,000
3	20,000		95,000
4	20,000		95,000
5	20,000		95,000

The net present value for this investment is

a.$19,875

b.$(19,875)

c.$20,140

d.$(20,140)