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 $ 310,000 $ 75,000 7 years 14% 1. Calculate the net present value of this project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar.) Net Present Value