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A project requires the purchase of a machine for $690,000 today. Expected cash inflows in each of the next three years are $314,000; $143,000; and
A project requires the purchase of a machine for $690,000 today. Expected cash inflows in each of the next three years are $314,000; $143,000; and $202,000. There is no expected cash flow in years 4 or 5, but the firm must incur a $73,000 cash outflow in year 6 to clean up project waste. If the cost of capital is 10%, what is the project's NPV? Round your answer to the nearest dollar. Be sure you enter a negative sign (-) if your answer is a negative number
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