Problem 5-21 Payback and NPV

An investment under consideration has a payback of six years and a cost of $872,000. Assume the cash flows are conventional.

If the required return is 12 percent, what is the worst-case NPV? (Negative amount should be indicated by a minus sign.Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Worst-case NPV

$