Your firm is considering an investment that will cost $920,000 today. The investment will produce cash flows of $450,000 in year one, $270,000 in years two through four, and $200,000 in year five. The discount rate that your firm uses for projects of this type is 9.25%. What is the investments net present value (NPV)?

$243,211.39

$245,700.45

$175,689.21

$371,707.83