Use Excel for this question: Assume that a company is evaluating a project with the following cash flow:

Time $0$: $-$$$31,000$

Time $1$: $$4,800$

Time $2$: $$5,200$

Time $3$: $$7,000$

Time $4$: $$7,800$

Time $5$: $$8,000$

Time $6$: $$9,000$

What is the NPV of this project if the required rate of return is $8\%?$

$$308\mathrm{.}86$

$$285\mathrm{.}98$

$-$$$301\mathrm{.}87$

$-$$$289\mathrm{.}43$