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The following table shows the expenditures for a project. It is presently the beginning of year 1, so the first payment of $23,958 is due

The following table shows the expenditures for a project. It is presently the beginning of year 1, so the first payment of $23,958 is due now.

begin of year 1 $23,958 purchase materials
begin of year 2 $23,958 purchase materials
begin of year 2 $15,972 pay subcontractors
begin of year 3 $29,282 pay subcontractors

Revenue of $131,769 is received at the end of year 3.

Rounded to the nearest dollar, what is the net present value of the project if the opportunity cost of capital is 10%?

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