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A factory costs $290,000. You forecast that it will produce cash inflows of $85,000 in year 1, $145,000 in year 2, and $230,000 in year

A factory costs $290,000. You forecast that it will produce cash inflows of $85,000 in year 1, $145,000 in year 2, and $230,000 in year 3. The discount rate is 10%.

a. What is the value of the factory? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Value of the factory =

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