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A 3,000 square foot greenhouse structure costs $24,000 to construct. This structure should earn an after-tax income of $3,500 annual for its expected life of

A 3,000 square foot greenhouse structure costs $24,000 to construct. This structure should earn an after-tax income of $3,500 annual for its expected life of 10 years when it will have no salvage value. The farmers cost of capital is 8 percent. Calculate the net present value.

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