The Tallahassee Mall is considering a new four$-$year expansion project that requires an initial fixed asset investment of $$1\mathrm{.}67$ million. The fixed asset will be depreciated straight$-$line to zero over its four$-$year tax life, after which time it will have a market value of $$435,000.$ The project requires an initial investment in net working capital of $$198,000,$ all of which will be recovered at the end of the project. The project is estimated to generate $$1,850,000$ in annual sales, with costs of $$1,038,000.$ The tax rate is $21$ percent and the required return for the project is $16\mathrm{.}4$ percent. What is the net present value?

$$358,576\mathrm{.}22$

$$451,180\mathrm{.}73$

$$241,334\mathrm{.}55$

$$302,208\mathrm{.}15$

$$254,595\mathrm{.}45$