The Webster Corp. is planning the construction of a new shipping depot for its single manufacturing plant. The initial cost of the investment is $1.5 million. Efficiencies from the new depot are expected to reduce costs by $200,000 forever. The corporation has a total value of $60 million and has outstanding debt of $40 million. What is the NPV of the project if the firm has an after-tax cost of debt of 6% and cost equity of 9%?

A. $428,571

B. $444,459

C. $565,547

D. $1,358,143

E. None of the above