Nesbitt Industries is a U.S.-based firm evaluating a project in Mexico. The project requires a 130,000-peso investment today and is expected to generate cash flows of 60,000 pesos at the end of each of the next three years. The current U.S. exchange rate with the Mexican peso is 10.946 pesos per U.S. dollar, and the exchange rate is expected to remain constant. If the firm's weighted average cost of capital (WACC) is 10% and the project is of average risk, what is the dollar-denominated net present value (NPV) of this project? $1,755.08 $1,914.62 $2,104.87 $2,478.45 $2,751.20