calculating the net present value

The Summit Petroleum Corporation will purchase an asset that qualifies for three-year MACRS depreciation. The cost is $430,000 and the asset will provide the following stream of earnings before depreciation and taxes for the next four years: Use Table-12-12. The firm is in a 40 percent tax bracket and has a cost of capital of 12 percent. Use A pRendix 8 for an approximate answer but calculate your final answer using the formula and financial calculator methods. o. Calculate the net present value. (Negative omount should be indicoted by o minus sign. Do not round intermediate calculations and round your answer to 2 decimal places.)