What is the net present value of the following cash flow sequence at a discount rate of $11$ percent?

t $=0$ t $=1$ t $=2$

$-120,000300,000-100,000$

Group of answer choices

$$69,108\mathrm{.}03$

$$88,000\mathrm{.}00$

$$80,000\mathrm{.}00$

$$231,432\mathrm{.}51$