Cromwell Industries is considering a new project which will have costs, revenues, etc. as shown by the accompanying data. If the cost of capital is $8\mathrm{.}5\%,$ what is the net present value $($NPV$)$ of this project?$($Click here to view the data.$)$ A$.$ $$313,154.$$$199,300$C$.$$$300,691$ D$.-$ $$153,046$O E$-$ $$278,832$DataYear $0$Year $1$Year $2$Year $3$Revenues$800,000800,000800\mathrm{.}000$Costs of Goods Sold$-320,000-320,000-320,000$Gross Profit$480,000480,000480,000$Selling, General, andAdmin$-105,000-105,000-105\mathrm{.}000$Capital Cost Allowance$-150,000-225,000-112,500$EBIT$225,000150,000262,500-78,7501-52,500-91,875$Income Tax $(35\%)$Incremental Earnings$146,25097,500170,625$Capital Purchases$-600,000$Changes to NWC$-12,000-12,000-12,000$