Use the Information Below to Answer the Following Question(s)

Use the information below to answer the following question(s) .Hawkeye Cleaners has been considering the purchase of an industrial dry-cleaning machine.The existing machine is operable for three more years and will have a zero disposal price.If the machine is disposed of now, it may be sold for $30,000.The new machine will cost $200,000, an additional cash investment in working capital of $60,000 will be required and will be returned at the end of the project.The machine is expected to last 3 years and has an estimated disposal value at that time of $20,000.The new machine will reduce the average amount of time required to wash clothing and will decrease labour costs.The investment is expected to net $50,000 in additional cash inflows during the year of acquisition and $150,000 each additional year of use.These cash flows will generally occur throughout the year and are recognized at the end of each year.Income taxes are not considered in this problem.
-The Zeron Corporation wants to purchase a new machine for its factory operations at a cost of $950,000.The investment is expected to generate $350,000 in annual cash flows for a period of four years.The required rate of return is 14%.The old machine can be sold for $50,000.The machine is expected to have zero value at the end of the four-year period.Income taxes are not considered.What is the net present value of the investment?

A) $119,799
B) $69,799
C) $1,019,550
D) $326,750
E) $500,000