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The Cambro Foundation, a nonprofit organization, is planning to invest $159,972 in a project that will last for three years. The project will produce net

The Cambro Foundation, a nonprofit organization, is planning to invest $159,972 in a project that will last for three years. The project will produce net cash inflows as follows:

Year 1 $ 62,000
Year 2 $ 76,000
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 11% rate of return, what is the expected net cash inflow for Year 3?

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