Question: Applying Time Value Factor A factory costs $643,260. You forecast that it will produce cash inflows of $572,250 in year 1,$155,000 in year 2 ,

Applying Time Value Factor A factory costs $643,260. You forecast that it will produce cash inflows of $572,250 in year 1,$155,000 in year 2 , and $200,000 in year 3 . The discount rate is 5.50%. a. Calculate the PV of cash inflows. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. Should the company invest in the factor
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