9 Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 18% and it estimated the following costs and revenues for the new product: Cost of equipment needed Working capital needed Overhaul of the equipment in two years Salvage value of the equipment in four years Annual revenues and costs: Sales revenues Variable expenses $ 260,000 $ 87,000 $ 10,500 $ 13,500 $ 430,000 $ 210,000 Fixed out-of-pocket operating costs $ 88,000 When the project concludes in four years, the working capital will be released for investment elsewhere within the company. Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using tables. Required: Calculate the net present value of this investment opportunity. Note: Round your final answer to the nearest whole dollar amount. Net present value