Suppose that a potential buyer has offered to buy this company in three years. Your selected company has projected that the free cash flows will increase by 3% annually over the next three years. Based on the most recent free cash flow ($8,260,000), what would be a reasonable amount for which the company should be sold at that future time?

A) Approximately $8,863,880
B) Approximately $8,991,980
C) Approximately $9,120,080
D) Approximately $9,248,180