The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new

machinery costing $$450,000.$ The Sisyphean Company expects cash inflows from this project as detailed below:

The appropriate discount rate for this project is $16\%.$ What is the net present value $($NPV$)$ for this project? Round to the

nearest dollar.

A$.$ $$123,420$

B$.$ $$450,000$

C$.$ $$176,270$

D$.$ $$179,590$

E$.$ $$497,062$