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Sheridan, Inc, is considering investing in a new production line for eye drops. Other than investing in the equipment, the company needs to increase its

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Sheridan, Inc, is considering investing in a new production line for eye drops. Other than investing in the equipment, the company needs to increase its cash and cash equivalents by $17,000, increase the level of inventory by $37,000, increase accounts recelvable by $32,000, and increase accounts payable by $12,000 at the beginning of the project. Sheridan will recover these changes in working capital at the end of the project 14 years later. Assume the appropriate discount rate is 15 percent. What are the present values of the retevant imvestment cash flows? (Do not round intermediate colculations, Round answer to 2 decimol ploces, es. 5,275.25.)

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