question 3

Oakmont Company has an opportunity to manufacture and sell a new product for a four-yeat period. The company's discount rate 18\%. After carefut study. Oakmont estimated the following costs and revenues for the new product: When the project concludes in four years the working capital will be released for investment elsewhere within the company. Circk here to view Exhhihi1 148.1 and Exhibit 148.2. to determise the appropilate discount foctor(5) using tables. Required: Calculate the net present value of this investment opportunify. (Round your final onswer to the neorest whole dollar amount.)