Merrill Corp. has the following information available about a potential capital investment S2,300,000 $ 180,000 Initial investment Annual net income Expected lde Salvage value 8 years $ 190,000 8% Merrilts cost of capital Assume straight line depreciation method is used Required: 1. Calculate the project's net present value (Euture Value of $1. Present Value of $1. Future Vaue Annuit tables provided. Do not round intermediate olatloluil bom oS1. Present Valun Annuity.of $1)(Use appropriate factorfs) from the neare Vanot e eant ial an