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Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company requires a 9 % return from its

Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company requires a 9% return from its investments.
Initial investment $ (300,000)
Net cash flows:
Year 1140,000
Year 2122,000
Year 377,000
QS 24-19(Algo) Net present value with unequal cash flows LO P3
Compute this machines net present value. (PV of $1, FV of $1, PVA of $1, and FVA of $1)(Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places. Round present value amounts to the nearest dollar.)

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