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Oakmont Company has an opportunity to manufacture and sell a new product for a four - year period. The company's discount rate is 1 5

Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is
15%. After careful study. Oakmont 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 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using tables.
Required:
Calculate the net present value of this investment opportunity. (Round your flnal onswer to the nearest whole dollar amount.)
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