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George is using the net present value (NPV) when evaluating investment opportunities, assuming the opportunity cost rate 5.91 percent. The initial cash outlay is $349,544.

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George is using the net present value (NPV) when evaluating investment opportunities, assuming the opportunity cost rate 5.91 percent. The initial cash outlay is $349,544. The investment will produce the following the end of the year after-tax cash inflows of Year 1: $161,873 Year 2: $29,342 Year 3: $48,944 Year 4: $126,933 Round the answer to two decimal places. Your

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