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The Cambro Foundation, a nonprofit organization, is planning to invest $159,040 in a project that will last for three years. The project will produce net

The Cambro Foundation, a nonprofit organization, is planning to invest $159,040 in a project that will last for three years. The project will produce net cash inflows as follows:

Year 1 $ 50,000
Year 2 $ 66,000
Year 3 ?

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

Required:

Assuming that the project will yield exactly a 7% rate of return, what is the expected net cash inflow for Year 3? (Round discount factor(s) to 3 decimal places.)

Present value of year 3 cash inflow/Present value factor= Cash Inflow

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