Question: hello - I need help with the rrequired question 3. Award: 15.00 points Oakmont Company has an opportunity to manufacture and sell a new product

hello - I need help with the rrequired question

hello - I need help with the rrequired question 3. Award: 15.00

3. Award: 15.00 points Oakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The new product: company's discount rate is 16%. After careful study, Oakmont estimated the following costs and revenues for the Cost of equipment needed EA EA EA EA 170,000 Working capital needed 68,000 Overhaul of the equipment in year two 12,000 Salvage value of the equipment in four years 16,000 Annual revenues and costs: Sales revenues 330,000 Variable expenses 160,000 Fixed out-of-pocket operating costs 78,000 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.) Net present value #3

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