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Oakmont Company has an opportunity to manufacture and set a new product for a four-year period. The company's discount rate is 16%. After careful study.

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Oakmont Company has an opportunity to manufacture and set a new product for a four-year period. The company's discount rate is 16%. After careful study. Oakmont estimated the following costs and revenues for the new product $ 150,00 $ 64,000 $10,000 Cast of equipment needed Working Capital Overal of the equipment in year to Selvage value of the went in four years Annual revenue and costs: in e Variable expenses Fixed out-of-pocket operating costs $ 200,000 $ 140,000 $74.000 When the project concludes in four years the working capital will be released for investment elsewhere within the company Click here to view Ext 98-1 and Exhibl. 128.2. to determine the appropriate discount factors, using tables Required: Calculate the net present value of this investment opportunity (Round your final anwer to the nearest whole dollar amount) 14 words

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