JK Industries just signed a sales contract with a new customer. JK will receive annual payments in the amount of $62,000, $108,000, $135,000, and $150,000 at the end of Years 1 to 4, respectively. What is this contract worth at the end of Year 4 if the firm earns 4.3 percent on its savings?
A. $478,639.54
B. $497,425.35
C. $485,271.13
D. $402,311.19
E. $466,118.00