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Fimbrez Corporation has provided the following data concerning an investment project that it is considering: Initial investment $370,000 Annual cash flow $121,000 per year Expected

Fimbrez Corporation has provided the following data concerning an investment project that it is considering:

Initial investment $370,000
Annual cash flow $121,000 per year
Expected life of the project 4 years
Discount rate 10%
Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table.
The net present value of the project is closest to: (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.)

$370,000

$(249,000)

$13,449

$(13,449)

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