Suppose you are evaluating a project with the expected future cash inflows shown in the following table. Your boss has asked you to calculate the project$$s net present value $($NPV$).$ You don$$t know the project$$s initial cost, but you do know the project$$s regular, or conventional, payback period is $2\mathrm{.}50$ years.

Year

Cash Flow

Year $1$ $$275,000$

Year $2400,000$

Year $3425,000$

Year $4450,000$ If the project$$s weighted average cost of capital $($WACC$)$ is $9\%,$ the project$$s NPV $($rounded to the nearest dollar$)$ is:

$$400,700$

$$348,435$

$$278,748$

$$383,279$