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(Ignore income taxes in this problem) The following data on a proposed Investment project have been provided. Cost of equipment Working capital required Salvage value

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(Ignore income taxes in this problem) The following data on a proposed Investment project have been provided. Cost of equipment Working capital required Salvage value of equipment Annual cash inflows from the project Required rate of return $50,000 $30,000 $ 0 $20.000 20 % Life of the project 8 years The working capital would be released for use elsewhere at the end of the project. The net present value of the project is closest to Click here to view Exhibit 88.1 and Exhibit 8B-2. to determine the appropriate discount factor(s) using table. O $3,730 $88,370 $0 $32.450

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