The following details are provided by Volvox Foundry Company

Initial investment $5,000,000
Discount rate 15%
Yearly cash flows
1 $1,256,000
2 $1,360,000
3 $2,402,000
4 $1,158,000

PV of $1:

13% 14% 15%
1 0.885 0.877 0.87
2 0.783 0.769 0.756
3 0.693 0.675 0.658
4 0.613 0.592 0.572

What is the NPV of the project?
A) $(636,228 )
B) $590,000
C) $618,409
D) $(594,486 )

A .