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Dunay Corporation is considering investing $720,000 in a project. The life of the project would be 11 years. The project would require additional working capital

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Dunay Corporation is considering investing $720,000 in a project. The life of the project would be 11 years. The project would require additional working capital of $22,000, which would be released for use elsewhere at the end of the project. The annual net cash inflows would be $154,000. The salvage value of the assets used in the project would be S32.000. The company uses a discount rate of 18% (Ignore income taxes) Click here to view Exhibi 1B-1 and Exhibit 118-2 to determine the appropriate discount factors) using tables. Required: Compute the net present value of the project. (Nogative amount should be indicated by a minus sign. Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.) Net present value 3 4 5 skc 6 7 8

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