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any help would be appreciated. Saved Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount

any help would be appreciated.

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Saved Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 16%. After careful study, Oakmont estimated the following costs and revenues for the new product Cost of equipment needed $ 150,809 Working capital needed $ 64,300 Overhaul of the equipment in two years Salvage value of the equipment in four years $ 14,980 Annual revenues and costs: Sales revenues $ 290,090 Variable expenses $ 140,003 Fixed out-of-pocket operating costs $ 74,800 When the project concludes in four years the working capital will be released for investment elsewhere within the company. Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using tables. Required: Calculate the net present value of this investment opportunity. (Round your final answer to the nearest whole dollar amount.) Net present value

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