Tripp Industries is considering buying a new recycling system. The new recycling system would be purchased today for $$7,700\mathrm{.}00.$ It would be depreciated straight$-$line to $$1,020\mathrm{.}00$ over $2$ years. In $2$ years, the recycling system would be sold and the after$-$tax cash flow from capital spending in year $2$ would be $$1,270\mathrm{.}00.$ The recycling system is expected to reduce costs by $$2,730\mathrm{.}00$ in year $1$ and by $$8,630\mathrm{.}00$ in year $2.$ If the tax rate is $52\mathrm{.}00\%$ and the cost of capital is $7\mathrm{.}73\%,$ what is the net present value of the new recycling system project?

$$ $$106\mathrm{.}43($plus or minus $$10)$

$$191\mathrm{.}35($plus or minus $$10)$

$$1,288\mathrm{.}60($plus or minus $$10)$

$-$$$2,245\mathrm{.}85($plus or minus $$10)$

None of the above is within $$10$ of the correct answer