Your Firm is considering two mutually exclusive projects and both can be repeated.Both require an initial investment of $10,000 at t = 0.Project X has an expected life of 2 years with after-tax cash inflows of $6,000 and $7,900 at the end of Years 1 and 2, respectively.Project Y has an expected like of 4 years with after-tax cash inflows of $4,300 at the end of each of the next 4 years.Each project has a WACC of 11%.The corporation uses the replacement chain analysis to determine which is the most profitable project.What is the extended NPV of Project X?

A.$1, 817.22

B.$3,292.12

C.$3,340.52

D.$1,408.34