Suppose a New Piece of Capital Equipment Will Deliver a Stream

Suppose a new piece of capital equipment will deliver a stream of MRPs of $1000 each year for 3 years (beginning one year from today) .What is the present value of this stream of benefits,assuming that the annual rate of interest is 5%?

A) $863.86
B) $952.38
C) $1000.00
D) $2591.58
E) $2723.25