Oakmont Company has an opportunity to manufacture and sell a new product for a four- year period. The company's discount rate is 17%. 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 year two Salvage value of the equipment in four years s 240,000 $ 83,000 $7,000 $ 11,500 Annual revenues and costs: Sales revenues Variable expenses Fixed out-of-pocket operating costs $ 390,000 190,000 $ 84,000 When the project concludes in four years the working capital will be released for investment elsewhere within the company. Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables. Required: Calculate the net present value of this investment opportunity