(Ignore income taxes in this problem.) Juliar Inc. has provided the following data concerning a proposed investment project: Initial investment Life of the project Annual net cash inflows Salvage value $ 330,000 11 years $ 50,000 40,000 The company uses a discount rate of 9%. Click here to view Exhibit 8B-1 and Exhibit 8B-2 to determine the appropriate discount factor(s) using tables. Required: Compute the net present value of the project. (Negative amount should be indicated by a minus sign.) Net present value