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Blossom Condiments is a spice - making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost

Blossom Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $2,144,338, have a life of five years, and would produce the cash flows shown in the following table. Year Cash Flow 1 $584,3722-283,3003810,9204710,4205592,480 What is the NPV if the discount rate is 13 percent? (Enter negative amounts using negative sign e.g.-45.25. Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal places, e.g.1,525.

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