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TB Problem Qu. 12-161 Mattice Corporation is considering... Mattice Corporation is considering investing $750,000 in a project. The life of the project would be 11

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TB Problem Qu. 12-161 Mattice Corporation is considering... Mattice Corporation is considering investing $750,000 in a project. The life of the project would be 11 years. The project would require additional working capital of $25,000, which would be released for use elsewhere at the end of the project. The annual net cash Inflows would be $160,000. The salvage value of the assets used in the project would be $35,000. The company uses a discount rate of 18% (Ignore income taxes.) Click here to view Exhibit 128:1 and Exhibit 128-2 to determine the appropriate discount factor(s) using the tables provided. Required: Compute the net present value of the project. (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to the nearest whole dollar amount.) Net present value

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