An alternative has a discounted project cost of $12,325,000 with a discounted salvage value of $1,750,000. The estimate was in constant dollars and the discounting used end-of-year factors. While the period of analysis is 5 years, the alternative only provides benefits for the last 4 years. Calculate the uniform annual cost.
A) $2,282,735
B) $2,854,251
C) $3,369,420
D) $2,891,003