Brent Corporation is considering purchasing a machine for $$2,000,000.$ It is expected that the machine will generate after$-$tax income of $$80,000$ per year. The company will use straight$-$line depreciation for the new machine over the machine's useful life of $10$ years; salvage value is estimated as $$0.$ Brent expects to be in the $30\%$ tax bracket.

What is the new machine's net present value $($NPV$)$ if the company has a minimum rate of return of $10\%$

on all investments?

A$)$ $$140,000$

B$)($$$279,400)$

C$)($$$1,139,700)$

D$)($$$1,200,000)$

E$)($$$1,508,400)$