The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $420,000.

The Sisyphean Company expects cash inflows from this project as detailed below:

Year 1	Year 2	Year 3	Year 4
$200,000	$225,000	$275,000	$200,000

The appropriate discount rate for this project is

16%.

The net present value (NPV) for this project is closest to:

A.

$216,578

B.

$515,661

C.

$144,385

D.

$ 206,265