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Cello Corporation is considering an investment in new equipment. An analysis by management indicates that the required initial investment is $235,000 and the project has

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Cello Corporation is considering an investment in new equipment. An analysis by management indicates that the required initial investment is $235,000 and the project has a profitability index of 1.46. What is the net present value of this project? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89 , not $89.00 )

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