Question: A company is considering a new line which will require an initial investment of $ 2 8 4 , 0 0 0 . Free cash

A company is considering a new line which will require an initial investment of $284,000. Free cash flows expected as a result of this project are shown below. At the end of the final year shown, the company plans to sell off assets no longer needed by the project, netting $20,000 after tax. The company has a 12.2% cost of capital (i.e., the required rate of return is 12.2%).
What is the net present value of this proposal?
\table[[Year 0,Year 1,Year 2,Year 3,Year 4,Year 5],[Initial Investment,70,000,81,000,88,000,94,000,96,000]]
Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234 If you have a negative result, enter a negative number.
 A company is considering a new line which will require an

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