What is the net present value of a replacement project whose cash flows are -$805,000; $469,000; $653,000; and $85,000 for years 0 through 3, respectively? The firm has decided to assume that the appropriate cost of capital is 15.1% p.a. (round to the nearest dollar)

a. $151119

b. $1761119

c. $25686

d. $225548