What Is the NPV for the Following Project If Its

Multiple Choice

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 flows of $1,800,000 in year 1, $1,900,000 in year 2, $1,700,000 in year 3 and ($1,300,000) in year 4?

A) $(1,494,336)
B) $1,494,336
C) $158,011
D) Two of the above