A potential investment has a cost of $410,000 and a useful life of 6 years. Annual cash sales from the investment are expected to be $237,270 and annual cash operating expenses are expected to be $93,470. The expected salvage value at the end of the investment's life is $50,000. The company has a before-tax discount rate of 16%.

Required:

Calculate the following. (Round dollar amounts to the nearest whole dollar and IRR to one decimal place (i.e. .055 = 5.5%). Enter negative amounts with a minus sign.)

Annual PMT of the investment

$

FV of the investment

$

NPV of the investment

$

IRR of the investment

%