Hadden Corporation is evaluating a capital investment opportunity. This project would require an initial investment of 534,000 to purchase equipment The equipment will have a residual value at the end of its life of $3.000 The useful life of the equipment is 4 years. The new project is expected to generate additional net cash inflows of $24.000 per year for each of the four years. The company's required rate of return is 10% The net present value of this project is closest to Present Value of 1 Periods 10% 129 149 16% 3 0.751 0.712 0 675 4 0683 0.636 0.592 0.552 5 0.621 0 567 0.519 0476 6 0.564 0.507 0456 0410 Present Value of Annuity of 51 Periods 10 12 149 165 ARZ AND 732 22:00 0641 A528 353 B 554 907 DC544 129 OD 542080