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Oriole Company is considering a long-term investment project called ZIP. ZIP will require an investment of $128,000. It will have a useful life of

 

Oriole Company is considering a long-term investment project called ZIP. ZIP will require an investment of $128,000. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $79,600, and annual cash outflows would increase by $39,700. The company's required rate of return is 9%. Click here to view the factor table. Calculate the net present value on this project. (If the net present value is negative, use either a negative sign preceding the number (e.g., -45) or parentheses (e.g., (45)). For calculation purposes, use five decimal places as displayed in the factor table provided. Round net present value answer to whole number (e.g., 125).)

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