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Monroe, Inc, is evaluating a project. The company uses 13.8 percent discount rate for this project. cost and cash flows are shown in the table.

Monroe, Inc, is evaluating a project. The company uses 13.8 percent discount rate for this project. cost and cash flows are shown in the table. What is the NPV of the project?

year. Project

0. ($11,368,000)

1. $2,187,590

2. $3,787,552

3. $3,150,650

4. $4,115,899

5. $4,556,424

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