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Cullumber Compacts will generate cash flows of $28,900 in year 1, and $64,400 in year 2. However, if it makes an immediate investment of $19,800,

Cullumber Compacts will generate cash flows of $28,900 in year 1, and $64,400 in year 2. However, if it makes an immediate investment of $19,800, it can instead expect to have cash streams of $56,000 in total in year 1 and $64,200 in year 2. The appropriate discount rate is 8 percent. Calculate the NPV of the proposed project.

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