Annie's Homemade is considering selling its ice cream to a regional supermarket chain that would attach a markup to the ice cream and sell it to end consumers. Annie's has a discount rate of $10\%$ and it gathered the following estimates regarding this capital investment opportunity:

Initial investment $ $240,000$

Working capital needed $ $40,000$

Annual net cash inflows in each of years $1-5$ $ $65,000$

Working capital released at the end of year $5$ $ $40,000$

Salvage value of equipment at the end of year $5$ $ $50,000$

Click here to view Exhibit $14$B$-1$ and Exhibit $14$B$-2,$ to determine the appropriate discount factor$($s$)$ using table.

Required:

What is the present value of the annual net cash inflows $($$$65,000)$ received in each of years $1-5?$

Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.

What is the present value of the working capital released at the end of year $5?$

Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.

What is the present value of the equipment$$s salvage value received at the end of year $5?$

Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.

What is the net present value of this investment opportunity?

Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.