Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 13%. After careful study, Oakmont 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 $135,000 $61,000 $ 7,000 $11,000 Annual revenues and costs: Sales revenues Variable expenses Fixed out-of-pocket operating costs $ 260,000 125,000 $71,000 ing capital will be released for investment elsewhere When the project concludes in four years the work within the company Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables Required Calculate the net present value of this investment opportunity. (Use the appropriate table to determine the discount factor(s).) Net present value