M11-8 (Algo) Calculating Net Present Value, Predicting Internal Rate of Return [LO 11-3, 11-4] Vaughn Company has the following information about a potential capital investment: Initial investment Annual cash inflow Expected life Cost of capital Required: $ 280,000 $ 74,000 6 years 13% 1. Calculate the net present value of this project. (Euture Value of $1. Present Value of $1. Euture Value Annuity of $1. Present Value Annuity of $1.) Note: Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar. Not Present Value