Augusta Auto Parts is thinking about opening a new facility in town. This facility has a cost of $$1,300,000$ and would generate cash flows of $$300,000,$ each year, for the next seven years. The current market interest rate is $11\%.$ Augusta$$s accountant reported the present value factor for this project to be $4\mathrm{.}71220.$

What is the net present value of the cash flows from this investment?

a$.)$

$$2,100,000$

b$.)$

$$1,235,650$

c$.)$

$$972,900$

d$.)$

$$1,413,660$