Yalken Corporation is considering the purchase of a new machine. The cost of the machine is $250,000. The cash flows for five years are given below.

Cash flows

Year 1 $84,790

Year 2 $102,500

Year 3 $70,580

Year 4 $64,760

Year 5 $115,700

The company is in the 35 percent tax bracket. Assuming that the cost of capital is 12%, calculate the net present value.

A $64,463

B $204,394

C $314,452

D $(64,452)