Marlin Liquidators is considering the purchase of a new $175,000 crane

Marlin Liquidators is considering the purchase of a new $175,000 crane.

If Marlin expects the cash inflows to be $45,000 after the first year, $76,000 after the second year, and $80,000 after the third year, what is the NPV if the cost of capital is 15%? Round answer to the nearest whole dollar amount.
A) +$149,196
B) +$26,000
C) +$18,800
D) -$25,801
E) -$18,800

ANSWER

D