An investment of P300,000 can be made in a project that will produce a uniform annual revenue of P220,000 for 8 years and then have a salvage value of 10% of the investment. Out-of-pocket costs for operation and maintenance will be P90,000 per year. Taxes and insurance will be 4% of the first cost per year. The company expects capital to earn not less than 25% before income taxes. Determine if this is a desirable investment using the Future Worth Method. What is the value of net cash flow?