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Ivashina Enterprises is considering a new project. The project will require $331,501 for new fixed assets, $172,335 for additional inventory, and $30,939 for additional accounts

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Ivashina Enterprises is considering a new project. The project will require $331,501 for new fixed assets, $172,335 for additional inventory, and $30,939 for additional accounts receivable. Accounts payable are expected to increase by $79,750. Long-term debt is expected to increase by $255,331. The project has a 5 -year life. The fixed assets will be depreciated straight-line to a zero book value over the project's life. At the end of the project, the fixed assets can be sold for 26% of their original cost. The net working capital returns to its original level at the end of the project. The project is expected to generate sales of $678,778 and costs of $463,479 yearly over the project's life. The tax rate is 39%, and the required rate of return is 9%. What is the NPV of the project? Round your responses to two decimal points. Do not include the $ sign

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