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A factory costs $1,022,560. You forecast that it will produce cash inflows of $857,841 in year 1, $75,000 in year 2, and $160,000 in year

A factory costs $1,022,560. You forecast that it will produce cash inflows of $857,841 in year 1, $75,000 in year 2, and $160,000 in year 3. The discount rate is 14.50%.

a. Calculate the PV of cash inflows. (Do not round intermediate calculations. Round your answer to 2 decimal places.

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