Horn Company is evaluating an investment project that has a 6-year life and produces the following cash inflows: Years 1 - 4 ............. $20,000 (each year) Year 5 .................. $30,000 Year 6 .................. ??????? The initial investment for this project is $98,513 and the net present value of this project was calculated to be $5,057 at a cost of capital of 3%. Calculate the amount of the year 6 cash inflow associated with this investment project. Do not use decimals in your answer. Ignore the effects of income taxes. You will need to use the present value table factors posted below to answer this question.

Present Value of a Lump-Sum

	Rate of interest per period in percent
Periods	3%	5%	8%	9%	10%	12%	14%	15%	16%	20%
1	0.9709	0.9524	0.9259	0.9174	0.9091	0.8929	0.8772	0.8696	0.8621	0.8333
2	0.9426	0.9070	0.8573	0.8417	0.8265	0.7972	0.7695	0.7561	0.7432	0.6944
3	0.9151	0.8638	0.7938	0.7722	0.7513	0.7118	0.6750	0.6575	0.6407	0.5787
4	0.8885	0.8227	0.7350	0.7084	0.6830	0.6355	0.5921	0.5718	0.5523	0.4823
5	0.8626	0.7835	0.6806	0.6499	0.6209	0.5674	0.5194	0.4972	0.4761	0.4019
6	0.8375	0.7462	0.6312	0.5963	0.5645	0.5066	0.4556	0.4323	0.4104	0.3349
7	0.8131	0.7107	0.5835	0.5470	0.5132	0.4523	0.3996	0.3759	0.3538	0.2791
8	0.7894	0.6768	0.5403	0.5019	0.4665	0.4039	0.3506	0.3269	0.3050	0.2326
9	0.7664	0.6446	0.5003	0.4604	0.4241	0.3606	0.3075	0.2843	0.2630	0.1938
10	0.7441	0.6139	0.4630	0.4224	0.3855	0.3220	0.2697	0.2472	0.2267	0.1615
12	0.7014	0.5568	0.3971	0.3555	0.3186	0.2567	0.2076	0.1869	0.1685	0.1122
15	0.6419	0.4810	0.3152	0.2745	0.2394	0.1827	0.1401	0.1229	0.1079	0.0649
16	0.6232	0.4581	0.2919	0.2519	0.2176	0.1631	0.1229	0.1069	0.0930	0.0541
17	0.6050	0.4363	0.2703	0.2311	0.1978	0.1456	0.1078	0.0929	0.0802	0.0471
18	0.5874	0.4155	0.2503	0.2120	0.1799	0.1300	0.0946	0.0808	0.0691	0.0376
19	0.5703	0.3957	0.2317	0.1945	0.1635	0.1161	0.0829	0.0703	0.0596	0.0313
20	0.5537	0.3769	0.2146	0.1784	0.1486	0.1037	0.0728	0.0611	0.0514	0.0261
21	0.5375	0.3589	0.1987	0.1637	0.1351	0.0926	0.0638	0.0531	0.0443	0.0217
24	0.4920	0.3101	0.1577	0.1264	0.1015	0.0659	0.0431	0.0349	0.0284	0.0126
25	0.4776	0.2953	0.1460	0.1160	0.0923	0.0588	0.0378	0.0304	0.0245	0.0105

Present Value of an Annuity

	Rate of interest per period in percent
Periods	3%	5%	8%	9%	10%	12%	14%	15%	16%	20%
1	0.9709	0.9524	0.9259	0.9174	0.9091	0.8929	0.8772	0.8696	0.8621	0.8333
2	1.9135	1.8594	1.7833	1.7591	1.7355	1.6901	1.6467	1.6257	1.6052	1.5278
3	2.8286	2.7233	2.5771	2.5313	2.4869	2.4018	2.3216	2.2832	2.2459	2.1065
4	3.7171	3.5460	3.3121	3.2397	3.1699	3.0374	2.9137	2.8550	2.7982	2.5887
5	4.5797	4.3295	3.9927	3.8897	3.7908	3.6048	3.4331	3.3522	3.2743	2.9906
6	5.4172	5.0757	4.6229	4.4859	4.3553	4.1114	3.8887	3.7845	3.6847	3.3255
7	6.2303	5.7864	5.2064	5.0330	4.8684	4.5638	4.2883	4.1604	4.0386	3.6046
8	7.0197	6.4632	5.7466	5.5348	5.3349	4.9676	4.6389	4.4873	4.3436	3.8372
9	7.7861	7.1078	6.2469	5.9953	5.7590	5.3283	4.9464	4.7716	4.6065	4.0310
10	8.5302	7.7217	6.7100	6.4177	6.1446	5.6502	5.2161	5.0188	4.8332	4.1925
12	9.9540	8.8633	7.5361	7.1607	6.8137	6.1944	5.6603	5.4206	5.1971	4.4392
15	11.9379	10.3797	8.5595	8.0607	7.6061	6.8109	6.1422	5.8474	5.5755	4.6755
16	12.5611	10.8378	8.8514	8.3126	7.8237	6.9740	6.2651	5.9542	5.6685	4.7296
17	13.1661	11.2741	9.1216	8.5436	8.0215	7.1196	6.3729	6.0472	5.7487	4.7746
18	13.7535	11.6896	9.3719	8.7556	8.2014	7.2497	6.4674	6.1280	5.8178	4.8122
19	14.3238	12.0853	9.6036	8.9501	8.3649	7.3658	6.5504	6.1982	5.8775	4.8435
20	14.8775	12.4622	9.8182	9.1286	8.5135	7.4694	6.6231	6.2593	5.9288	4.8696
21	15.4150	12.8212	10.0168	9.2922	8.6487	7.5620	6.6870	6.3125	5.9731	4.8913
25	17.4132	14.0939	10.6748	9.8226	9.0770	7.8431	6.8729	6.4641	6.0971	4.9476