Use the Information for the Question(s)below

Multiple Choice

Use the information for the question(s) below.
The Sisyphean Company is planning on investing in a new project.This will involve the purchase of some new machinery costing $450,000.The Sisyphean Company expects cash inflows from this project as detailed below:
The appropriate discount rate for this project is 16%.
-The net present value (NPV) for this project is closest to:

A) $176,270
B) $123,420
C) $450,000
D) $179,590
E) $497,062