What Is the Net Present Value of the Following Cash

Multiple Choice

What is the net present value of the following cash flows if the relevant discount rate is 5.75 percent? $$\begin{array} { | c | r | } \hline \text { Year } & \text { Cash Flow } \\\hline 0 & \$ 11,400 \\\hline 1 & - 2,500 \\\hline 2 & - 2,500 \\\hline 3 & - 9,500 \\\hline\end{array}$$

A) -$1,482.15
B) -$1,232.68
C) $507.19
D) $1,211.40
E) $1,402.02