Required:

Calculate the net present value $($NPV$)$ at January $1,2019,$ of the estimated after$-$tax cash flows that would result from its acquisition.

$($Use the built$-$in NPV function in Excel to estimate the NPV of the proposed investment.$)($Negative amount should be indicated with a

minus sign. Round final answer to the nearest whole dollar.$)$

$ox$ Answer is complete but not entirely correct.

Estimated net present value

$$1,091$