23) Reading Corporation is inflows: Year 1, $250,000; Year 2, $350,000; Year 3, $395,000. At the end of Year 3, the residual value of the investment would be S50 000. The company uses a discount rate of 12%, and the initial investment is $400,000. Calculate the NPV of the investment. Show your calculations. (15 points) considering an investment opportunity with the following expected net cash 13% 14% 11% 12% 0.901 0.893 0885 0.877 20.812 0.731 0.783 0.797 0.769 0.712 0.693 0.675 0.636 0.6130.592 0.659 5 0.593 0.567 0543 0.519