Question: The Spooky Pumpkin Restaurant is considering a project with an initial cost of $ 5 9 6 , 8 8 3 . The project will

The Spooky Pumpkin Restaurant is considering a project with an initial cost of $596,883. The project will not produce any cash flows for the first 5 years. Starting in the following year, the project will produce cash inflows of $715,106 a year for 5 years. This project is risky, so the firm has assigned it a discount rate of 18 percent. What is the project's net present value?[Do not round intermediate calculations and enter your answer as a decimal rounded to 2 decimal places. For example, enter 1,234.56.]

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