What is the average amount invested? A. $274,000 B. $342,000 C. $384,000 D. $308,000

Sister Tool Co. is considering investing in specialized equipment costing $616,000. The equipment has a useful life of five years and a residual value of $68,000. Depreciation is calculated using the straight - line method. The expected net cash inflows from the investment are given below: Year 1 2 3 4 5 Total $217,000 156,000 165,000 97,000 133,000 $768,000 What is the average amount invested? o o o O A. B. c. D. $274,000 $342,000 $384,000 $308,000