The following details are provided by Beckett Company: Initial investment $2,020,000 Discount rate 12% Yearly cash inflows 1 123 234 Present Value of $1: 10% 45 5 0.909 0.826 0.751 0.683 0.621 11% 0.901 0.812 0.731 $778,000 $600,000 $600,000 0.659 0.593 $600,000 $778,000 Calculate the NPV of the project. 12% 0.893 0.797 0.712 0.636 0.567 13% 0.885 0.783 0.693 0.613 0.543

The following details are provided by Beckett Company: Calculate the NPV of the project