You are considering producing a new product, which if it is successful will produce cash flows of $40,000 per year in perpetuity. If it is unsuccessful, the cash flow will be -$25,000 in the first year and then you will shut down. If the probability of success is 0.60 and the opportunity cost of capital is 8 percent, what is the maximum that you would be willing to pay to undertake the investment? A. $12,963 B. $175,000 C. $290,741 D. $300,000 E. $475,000