What is the Net Present Value (NPV) of the special-purpose equipment investment for Winett Corporation if the equipment costs $196,000, has no salvage value, and the expected cash inflows and outflows result in a net cash inflow of $50,000 annually for four years with a discount rate of 8%?

A) $25,860.23
B) $31,715.14
C) $42,307.69
D) $19,584.91