A factory costs $890,000. You reckon that it will produce an inflow after operating costs of $179,000 a year for 13 years.

a.	If the opportunity cost of capital is 15%, what is the net present value of the factory? (Do not round intermediate calculations.Round your answer to 2 decimal places.)

Net present value

$

b.	What will the factory be worth at the end of eight years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Factory