Question: Check my work Problem 13-18 Net Present Value Analysis [L013-2 Oakmont Company has an opportunity to manufacture and sell a new product for a four-year

 Check my work Problem 13-18 Net Present Value Analysis [L013-2 Oakmont

Check my work Problem 13-18 Net Present Value Analysis [L013-2 Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 18%. After careful study, Oakmont estimated the following costs and revenues for the new product: 0.76 points Cost of equipment ne Working capital needed Overhaul of the equipment in year Salvage value of the equipment in four years eded $ 260,000 $ 87,000 $ 10,500 $ 13,500 eBook two Annual revenues and costst Sales revenues Variable expenses Fixed out-of-pocket operating costs $430,000 $ 210,000 $ 88,000 Print References When the project concludes in four years the working capital will be released for investment elsewhere within the company. Click here to view Exhibit 13B-1 and Exhibit 13B-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 dollar amount.)

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