Kimmel Company has provided the following data concerning a proposed investment project

PROBLEM 2 -20 Points ) Kimmel Company. has provided the following data concerning a proposed investment project: Initial investment Life of the project Annual net cash inflows Salvage value $250,000 10 years $32,000 $5,000 The company uses a discount hurdle rte of 15% to Required: Compute the net present value of the project. Please show all Computations Costs Initial Investment Cash Inflows Annual Net Cash Inflows (Use Annuity Table) Salvage Value (Use Single Amount Table) Net Present Value