A firm will spend $100,000 immediately to implement a 3-year capital project. The project is expected to provide operating cash flows of $100,000 at the end of Year 1, $225,000 at the end of Year 2, and $440,000 at the end of Year 3. In addition, the project will provide an additional non-operating cash inflow of $35,000 at the end of Year 3. Given a discount rate of 11 percent, what is the NPV of the project? Multiple Choice $517,485 $494,429 $559,361 $520,021 $471,374