An aqueous solution contains 41.7 g of NaClO₄ in 293.8 mL of solution. What is the molarity of the solution?
1) 0.00705 M NaClO₄
2) 0.00116 M NaClO₄
3) 1.16 M NaClO₄
4) 142 M NaClO₄
5) 0.142 M NaClO₄