Webster Industries is considering Project S whose future expected cash flows are shown below.However, the up-front cost of the project (X) is not given. You are told that the project has a WACC of 8% and that the project's NPV is zero.Based on this information, what is the up-front cost of the project, i.e., what is X?

WACC = 8%

Year:01234

CF_S:X$500$730$300$40

a. -$1,000.00

b. -$1,126.55

c. -$1,266.50

d. -$1,305.88

e. -$1,356.37