What is the NPV for the following project if its cost of capital is 12 percent and its initial after tax cost is $5,000,000 and it is expected to provide after-tax operating cash inflows of $1,800,000 in year 1, $1,900,000 in year 2, $1,700,000 in year 3 and $1,400,000 in year 4?

Group of answer choices

1.) $158,011

2.) (-$137,053)

3.) -11,115

4.) $221,563