Question: Current Attempt in Progress Sheridan Compacts will generate cash flows of $29,200 in year 1, and $65,300 in year 2. However, if it makes an

 Current Attempt in Progress Sheridan Compacts will generate cash flows of

Current Attempt in Progress Sheridan Compacts will generate cash flows of $29,200 in year 1, and $65,300 in year 2. However, if it makes an immediate investment of $20,100, it can instead expect to have cash streams of $52,800 in total in year 1 and $64,000 in year 2. The appropriate discount rate is 9 percent. Calculate the NPV of the proposed project. (Enter negative amount using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45). Round answer to 2 decimal places, e.g. 25.25.) NPV

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