Moates Corporation has provided the following data concerning an investment project that it is considering: Initial investment Annual cash flow Expected life of the project Discount rate $ 260,000 $ 122,000 per year 4 years 11% Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.)

Moates Corporation has provided the following data concerning an investment prolect that it is considering: Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount foctor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Multiple Choice $260,000 $118,566 $(138,000) s(118,566)