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Please show work. Problem2 Tiff Corporati Ignore income taxes.): on has provided the following data concerning a proposed investment project Initial investment Life of the

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Problem2 Tiff Corporati Ignore income taxes.): on has provided the following data concerning a proposed investment project Initial investment Life of the project Working capital required Annual net cash inflows Salvage value S 960,000 5 years $ 20,000 $ 288,000 S 144,000 The company uses a discount rate of 16%. The working capital would be released at the end of the project See separate Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using the tables provided Required: Compute the net present value of the project

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