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Noble Tech is considering the following project. The estimated cost of the project in the current year is ( $ 606,000 ). The project is
Noble Tech is considering the following project. The estimated cost of the project in the current year is \\( \\$ 606,000 \\). The project is expected to generate cash flows in the amount of \\( \\$ 232,000 \\) in the first and second year, followed by \\( \\$ 393,000 \\) in year 3 through year 5 . No cash flow is expected after year 5 . The company uses a discount rate of \13 for similar projects. Calculate the NPV of this project. (Round your answer to the nearest dollar)
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