Problem 14-18 (Algo) Net Present Value Analysis (L014-2] Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 17%. After careful study, Oakmont estimated the following costs and revenues for the new product Cost of equipment needed Working capital needed Overhaul of the equipment in year two Salvage value of the equipment in four years $ 190,000 $ 69,000 $ 6,000 $ 16,500 Annual revenues and costat Sales revenues Variable expensen Fixed out-of-pocket operating costs $ 340,000 $ 165,000 $ 79,000 When the project concludes in four years the working capital will be released for investment elsewhere within the company. Click here to view Exhibit 143-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using tables, Required: Calculate the net present value of this investment opportunity (Round your final answer to the nearest hole dollar amount.) Net present value