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Kingston, Inc. management is considering purchasing a new machine at a cost of $3,800,000. They expect this equipment to produce cash flows of $732,890, $776,950,

Kingston, Inc. management is considering purchasing a new machine at a cost of $3,800,000. They expect this equipment to produce cash flows of $732,890, $776,950, $843,530, $915,400, $1,091,660, and $1,102,500 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment?

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