Required information A potential investment has a cost of $395,000 and a useful life of 6 years. Annual cash sales from the investment are expected to be $213,180 and annual cash operating expenses are expected to be $83,980. The expected salvage value at the end of the investment's life is $35,000. The company has a before-tax discount rate of 17%. Required: Calculate the following. (Round dollar amounts to the nearest whole dollar and IRR to one decimal place (i.e. .055=5.5\%). Enter hegative amounts with a minus sign.) Required information A potential investment has a cost of $395,000 and a useful life of 6 years. Annual cash sales from the investment are expected to be $213,180 and annual cash operating expenses are expected to be $83,980. The expected salvage value at the end of the investment's life is $35,000. The company has a before-tax discount rate of 17%. Required: Calculate the following. (Round dollar amounts to the nearest whole dollar and IRR to one decimal place (i.e. .055=5.5\%). Enter hegative amounts with a minus sign.)