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DC is considering an investment of $510,000 in a 4-year project, requiring working capital of $24,000, which would be released at the end of the

DC is considering an investment of $510,000 in a 4-year project, requiring working capital of $24,000, which would be released at the end of the project's life. It is estimated that annual net cash inflows of $162,000 will be realized over the life of the project. Salvage value of assets is $41,000.

DC uses a discount rate of 10%.

Calculate the NPV of the project.

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