Use the following table,

Present Value of an Annuity of 1

Period

8%

9%

10%

1	.926	.917	.909
2	1.783	1.759	1.736
3	2.577	2.531	2.487

Your potential project has a required rate of return of 9%. The project costs $350,000 and is expected to generate cash inflows of $140,000 at the end of each year for three years. The net present value of this project is

	A.	$35,436.
	B.	$4,340.
	C.	$354,340.
	D.	$70,000.