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:

When the project concludes in four years, the working capital will be released for investment elsewhere within

the company.

Click here to view Exhibit $14$B$-1$ and Exhibit $14$B$-2,$ to determine the appropriate discount factor$($s$)$ using tables.

Required:

Calculate the net present value of this investment opportunity.