Margaret Daniels has the opportunity to invest $820,000 in a new venture. The projected cash flows from the venture are as follows. Use Appendix A and Appendix B. Year 0 Year 1 Year 2 Year 3 Year 4 Initial investment $ (820,000) Taxable revenue $ 98,000 $ 93,000 $ 83,000 $ 78,000 Deductible expenses (18,300) (18,300) (21,600) (21,600) Return of investment 820,000 Before-tax net cash flow $ (820,000) $ 79,700 $ 74,700 $ 61,400 $ 876,400 Margaret uses a 7 percent discount rate. Require