Question: Knowledge Check Walen Co . has intends to purchase a new forklift for $ 8 5 , 0 0 0 . 0 0 cash. It

Knowledge Check
Walen Co. has intends to purchase a new forklift for $85,000.00 cash. It expects annual net operating cash flows of $14,300 per year for 8 years, and a salvage value at the end of 8 years of $9,200. Walen uses a 8% discount rate. What is the net present value of the investment? (For calculation purposes, use five decimal places as displayed in the factor table provided. Round your answer to two decimal places (e.g.,52.75).)
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Net present value of investment
$
Knowledge Check Walen Co. has intends to purchase a new forklift

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