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A five-year project has a projected net cash flow of $26,000 in year 1,$24,000 in year 2,$38,000 in year 3,$32,000 in year 4 , and

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A five-year project has a projected net cash flow of $26,000 in year 1,$24,000 in year 2,$38,000 in year 3,$32,000 in year 4 , and $30,000 in year 5 . It will cost $900,000 to implement the project. The required rate of return is 10 percent. What is the net present value of cash flow in year 5 ? (Round your answer to nearest dollar amount)

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