Gateway Communications is considering a project with an initial fixed assets cost of $$1\mathrm{.}71$ million that will be depreciated straight$-$line to a zero book value over the $10-$year life of the project. At the end of the project the equipment will be sold for an estimated $$229,000.$ The project will not change sales but will reduce operating costs by $$382,000$ per year. The tax rate is $25$ percent and the required return is $10\mathrm{.}4$ percent. The project will require $$46,500$ in net working capital, which will be recouped when the project ends. What is the project's NPV$?$

Multiple Choice

$$342,654$

$$356,360$

$$313,442$

$$368,238$

$$299,814$