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Fimbrez Corporation has provided the following data concerning an investment project that it is considering: Initial investment $210,000 Annual cash flow $126,000 per year Expected

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

Initial investment $210,000
Annual cash flow $126,000 per year
Expected life of the project 4 years
Discount rate 9%

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.)

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