will rate!

Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 16\%. After careful study, Oakmont estimated the following costs and revenues for the new product When the project concludes in four years the working capital will be released for investment elsewhere within the company. Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using tables. Required: Calculate the net present value of this investment opportunity. (Round your final answer to the nearest whole doliar amount.) XHIIT 148-1 Present Value of $1;1(1+r)n XXHIBIT 14B2 resent Value of an Annuity of S1 in Arrears: 1+[11(1+r)n]