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any help would be greatly appreciated. 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 greatly appreciated.

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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 $ 150,908 Working capital needed $ 64, 020 Overhaul of the equipment in two years $ 10,609 Salvage value of the equipment in four years $ 14,080 Annual revenues and costs: Sales revenues $ 290,080 Variable expenses $ 140, 690 Fixed out-of-pocket operating costs $ 74,000 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 factoris) using tables Required: Calculate the net present value of this investment opportunity. (Round your final answer to the nearest whole dollar amount.)

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