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Citrus Company is considering a project with estimated annual net cash flows of $ 3 4 , 0 8 0 for seven years that is

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Citrus Company is considering a project with estimated annual net cash flows of $34,080 for seven years that is estimated to cost $160,000. Citrus's cost of capital is 20 percent.
Required:
Determine the net present value of the project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.)
Based on NPV, determine whether project is acceptable to Citrus.
Complete this question by entering your answers in the tabs below.
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Determine the net present value of the project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.)
Note: Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign. Round your final answer to 2 decimal places.
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