Question: Acme industries is considering a project that will cost $200,000 and generate returns of $45,000 at the end of year 1, $85,000 at the end

Acme industries is considering a project that will cost $200,000 and generate returns of $45,000 at the end of year 1, $85,000 at the end of year 2, $65,000 at end of year 3 and $30,000 at the end of year 4.

Calculate the NPV of the project using a cost of capital of J1=8.0%. Round your answer to the nearest dollar.

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