Given the following data, calculate the net present value (NPV) for the proposed investment in a new nuclear medicine camera for Cohiba Cardiology:

Cost of camera: 235,000

Cash inflow for year 1: 82,000

Cash inflow for year 2: 105,000

Cash inflow for year 3: 131,000

Use a discount rate of 9% for your calculation

As a reminder, you can use the formula 1/(1+r)ⁿ to calculate a present value factor for your discounted cash flows