000 HUUA M utacturing Co. 13 Lab assignments: 201980-Fall 2019-ACCT-21 cel Lab Saved Help 1 Laurman, Inc. is considering the following project: 2 Required investment in equipment 3 Project life 4 Salvage value $ 2,205,000 225,000 6 The project would provide net operating income each year as follows: 7 Sales 8 Variable expenses 9 Contribution margin 10 Fixed expenses: Salaries, rent and other fixed out of pocket costs Depreciation 13 Total fixed expenses 14 Net operating income 2,750,000 1,600,000 1,150,000 520,000 350,000 870,000 280,000 16 Company discount rate 18% 18 1. Compute the annual net cash inflow from the project. 630,000 20 2. Complete the table to compute the net present value of the investment. Year(s) Now 17 Prev 1 of 1