Use the following information to answer the question.

year cash flow

0 -158.000

1 34,500

2 78,500

3 92,000

You are analyzing a proposed project and have compiled the following information:

Required payback period 25 years

Required return 12%

What is the net present value of this proposed project?A)-$1,980B)-$611C)$867D)$2,011