Compute the NPV Statistic for Project Y Given the Following

Multiple Choice

Compute the NPV statistic for Project Y given the following cash flows if the appropriate cost of capital is 10 percent.
Project Y
$$\begin{array} { c c c c c c c c } \text { Trme } &0 & 1 & 2 & 3 & 4 & 5 \\\text { Cash Flow } & - \$ 50,000 & \$ 7,000 & \$ 20,000 & \$ 20,000 & \$ 20,000 & \$ 10,000\end{array}$$

A) ?$19,594.29
B) $7,788.34
C) $9,367.11
D) $107,788.34