An alternative has a discounted project cost of $5,215,000 with no salvage value. The estimate was in constant dollars and the discounting used mid-year factors. While the period of analysis is 4 years, the alternative only provides benefits for the last 3 years. Calculate the uniform annual cost. Please show all work
$1,754,648
$1,370,565
$1,478,523
$1,850,932