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X + .instructure.com/courses/43446/external_tools/retrieve?display=full_width&url=https%3A%2F%2Fwilmu.quiz-Iti-iad-prod.instructure.com%2Flti%2FI... [ 02:56:58 Time Remaining Return Nex 29 5 points Mattice Corporation is considering investing $600,000 in a project. The life of the

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X + .instructure.com/courses/43446/external_tools/retrieve?display=full_width&url=https%3A%2F%2Fwilmu.quiz-Iti-iad-prod.instructure.com%2Flti%2FI... [ 02:56:58 Time Remaining Return Nex 29 5 points Mattice Corporation is considering investing $600,000 in a project. The life of the project would be 6 years. The project would require additional working capital of $20,000, which would be released for use elsewhere at the end of the project. The annual net cash inflows would be $150,000. The salvage value of the assets used in the project would be $30,000. The company uses a discount rate of 18%. (Ignore income taxes.) Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided. Required: Compute the net present value of the project. (Negative amount should be indicated by a minus sign. Round your intermediate calculations and final answer to the nearest whole dollar amount.) BI U A Y A E E X Xz 12pt Paragraph fx

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