Please help me find NPV

Matheson Electronics has just developed a new electronic device that it belleves will have broad market appeal. The company has performed marketing and cost studies that revealed the following information a New equipment would have to be acquired to produce the device. The equipment would cost $240,000 and have a six-year useful life. After six years, it would have a salvage value of about $18,000 b. Sales In units over the next six years are projected to be as follows: Year 1 2 sales in units 13,000 18,000 20,000 22,000 4-6 c Production and sales of the device would require working capital of $56,000 to finance accounts receivable; Inventories, and day to-day cash needs. This working capital would be released at the end of the project's life d. The devices would sell for $35 each variable costs for production, administration, and sales would be $20 per unit e Fixed costs for salaries, maintenance, property taxes, insurance, and straight line depreciation on the equipment would total $151,000 per year. (Depreciation is based on cost less salvage value) 1. To gain rapid entry into the market the company would have to advertise heavily. The advertising costs would be Year 1-2 Amount of Yearly Advertising 3120,000 $ 65,00 $ 55,000 9 The company's required rate of retum is 17% Click here to view EXHI12Band Exhibit 128-2 to determine the appropriate count factors) using tables Required: 1 compute the net cash inflow incremental contribution margin minus incrementar fixed expenses anticipated from sale of the device for each year over the next six years 2.a. Using the data computed in above and other data provided in the problem, determine the net present value of the proposed 2-6. Would you recommend that Matheson accept the device as a new product? Investment Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Reg 28 Compute the net cash inflow (incremental contribution margin minus incremental fixed expenses) anticipated from sale of the device for each year over the next six years. (Negative amounts should be indicated by a minus sign.) Incremental contribution margin Incrememental feed expenses Net cash inflow (outflow) Year 1 Year 2 Year 3 Year 4-6 $ 195,000 $270,000 $300,000 IS 330 000 5 242.000 242000 IS 169 000 $ 47.000) 28,000 $121.000 161.000 Reg 2A > Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A Req 28 Using the data computed in (1) above and other data provided in the problem, determine the net present value of the proposed investment. (Negative amounts should be indicated by a minus sigri. Round your final answer to the nearest whole dollar amount.) Net present value