The Cambro Foundation, a nonprofit organization, is planning to invest $125,303 in a project that will last for three years. The project will produce net cash inflows as follows:

Year 1	$	38,000
Year 2	$	53,000
Year 3		?

Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table.

Exhibit 13B-1 - Present Value $1; 1/(1+r)^n - 1: 0.893, 2: 0.797, 3: 0.712

Exhibit 13B-2 - Present Value of an Annuity of !1 in Arrears; 1/r [1 - 1/(1+r)^n)] - 1: 0.893, 2: 1.690, 3: 2.402

Required:

Assuming that the project will yield exactly a 12% rate of return, what is the expected net cash inflow for Year 3? (Round discount factor(s) to 3 decimal places.)

***NOTE***

Answers I have found on my own but were wrong:

69,187.323

69,187.324