Gaston Company is considering a capital budgeting project that would require a $2,400,000 investment in equipment with a useful ife of five years and no salvage value. The company's tax rate is 30% and its after-tax cost of capital is 13%. It uses the straight-line depreciation method for financial reporting and tax purposes. The project would provide net operating income each year for five years as follows. Click here to view Exhibit 148.1 and Exhibit 148.2, to determine the appropriate discount factor(s) using tables. Required: Compute the project's net present value