_Please calculate the present value of the investment, and also the IRR. _Please also do this same thing for this problem at 20%. _Thank you!

pursue this investment opportunity? Expl PROBLEM 12-18 Net Present Value Analysis LO12-2 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: $130,000 $60,000 $8,000 $12.000 Cost of equipment needed........ Working capital needed.... Overhaul of the equipment in two years ....... Salvage value of the equipment in four years. Annual revenues and costs: Sales revenues Variable expenses.......... Fixed out-of-pocket operating costs .... ..... $250,000 $120,000 $70,000 When the project concludes in four years the working capital will be released for investment elsewhere within the company Required: Calculate the net present value of this investment opportunity