Question: Cullumber, Inc. management is considering purchasing a new machine at a cost of $3,960,000. They expect this equipment to produce cash flows of $799,090,$843,550,$911,430,$989,200,$1.184,560, and
Cullumber, Inc. management is considering purchasing a new machine at a cost of $3,960,000. They expect this equipment to produce cash flows of $799,090,$843,550,$911,430,$989,200,$1.184,560, and $1,168,400 over the next six years. If the appropriate discount rate is 15 percent, what is the NPV of this investment? (Enter negetive amounts using negative sign eg -45.25, Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal ploces, eg. 1,525.) The NPV is
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