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Question 46 5 pts for the following future cash flows, determine the net present value: $11.923,326 Initial Investment Requirement $953,866 Year One Net Income $1,049,253

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Question 46 5 pts for the following future cash flows, determine the net present value: $11.923,326 Initial Investment Requirement $953,866 Year One Net Income $1,049,253 Year Two Net Income $1,133,193 Year Three Net Income $1,416,491 Year Four Net Income $1,699,789 Year Five Net Income $1,733,785 Year Six Net Income In year six, the after-tax net sales proceeds are $15,500,324 If your MARR is set at 11.39%, what is the net present value. Express your answer without dollar signs or commas. Question 47 5 pts

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