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ms portion) Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 17%. After

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ms portion) Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 17%. After careful study. Oakmont estimated the following costs and revenues for the new product: $ 190, cee $ 69,000 $ 6,eee $ 16,500 Cost of equipment needed Working capital needed Overhaul of the equipment in year two Salvage value of the equipment in four years Annual revenues and costs: Sales revenues Variable expenses Fixed out-of-pocket operating costs $ 340, eee $ 165.000 $79.000 When the project concludes in four years the working capital will be released for investment elsewhere within the company. Click here to view Exhibit 138-1 and Exhibit 130-2. to determine the appropriate discount factors) using tables Required: Calculate the net present value of this investment opportunity (Round your final answer to the nearest whole dollar amount.) Net present value

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