Matheson Electronics has just developed a new electronic device that it believes will have broad market...

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Matheson Electronics has just developed a new electronic device that it believes will have broad market appeal. The company has performed marketing and cost studies that revealed the following information: a. New equipment would have to be acquired to produce the device. The equipment would cost $480,000 and have a six-year useful life. After six years, it would have a salvage value of about $12.000. b. Sales in units over the next six years are projected to be as follows: Year Sales in Units 1 15,000 2 20,000 22,000 24,000 3 4-6 c. Production and sales of the device would require working capital of $61,000 to finance accounts receivable, inventories, and day- to-day cash needs. This working capital would be released at the end of the project's life. d. The devices would sell for $60 each; variable costs for production, administration, and sales would be $45 per unit. e. Fixed costs for salaries, maintenance, property taxes, insurance, and straight-line depreciation on the equipment would total $155,000 per year. (Depreciation is based on cost less salvage value) f. To gain rapid entry into the market, the company would have to advertise heavily. The advertising costs would be: Year 1-2 3 4-5 Amount of Yearly Advertising $ 218,000 $ 70,000 $60,000 g. The company's required rate of return is 15%. Click here to view Exhibit 148-1 and Exhibit 148-2 to determine the appropriate discount factor(s) using tables Required: 1. Compute the net cash inflow (incremental contribution margin minus incremental fixed expenses) anticipated from sale of the device for each year over the next six years. 2-a. Using the data computed in (1) above and other data provided in the problem, determine the net present value of the proposed investment 2-b. Would you recommend that Matheson accept the device as a new product? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 Compute the net cash inflow (incremental contribution margin minus incremental fixed expenses) anticipated from sale of the device for each year over the next six years. (Negative amounts should be indicated by a minus sign.) Incremental contribution margin Incrememental fixed expenses Net cash inflow (outflow) Year 1 Year 2 Year 3 Year 4-6 EXHIBIT 14B-1 Present Value of $1; I (1+r) Periods 4% 5% 1 0.962 0952 2 0925 3 0859 4 5 0.822 0.784 0747 0.713 6 0.790 0.746 0.705 0 666 7 0.760 0711 0665 0623 0.731 0677 0627 0582 9 0.703 0645 0592 0544 10 0676 0614 0558 11 0650 0585 0.527 12 13 14 0.625 0557 0.497 0601 0.577 0 530 0.469 0.505 0442 15 16 17 18 19 21 0358 0340 0415 0368 0.326 0.290 0.258 0.229 0204 0.182 0.163 0.145 0.130 0116 0104 0093 0084 0075 0068 0061 0.055 0299 0263 0232 0.205 0181 0.160 0141 0.125 0.111 0.099 0.088 0.028 0.069 0.062 0055 0.049 0.044 0 555 0481 0.417 0362 0315 0275 0239 0209 0183 0.160 0.140 0.123 0108 0095 0.064 0.074 0.065 0.057 0.0510045 0040 0035 0.534 0458 0394 0339 0292 0252 0218 0.188 0165 0141 0.125 0.107 0093 0.081 0.071 0062 0.054 0.047 0.042 0.036 0032 0028 0513 0436 0371 0.317 0270 0231 0196 0170 0.146 0125 0108 00930080 0069 0060 0.032 0.045 0.039 0.014 0.030 0.026 0.023 0494 0416 0.350 0.296 0250 0212 0180 0157 0130 0111 0095 0081 0069 0.059 0.051 0.044 0.018 0.012 0.028 0.024 0.021 0018 0.475 0396 0331 0277 0232 0194 0164 0138 0.116 0095 008300700060 0.051 0.043 0017 0031 0.027 0023 0020 0.017 0014 20 0456 0377 0312 0258 0215 0178 0.149 0.124 0104 0087 0073 0061 0051 0045 0037 0.031 0.026 0022 0019 0016 0014 0.012 0439 0359 0294 0.242 0199 0164 0135 0112 0.093 0077 0.064 003 0044 0037 0031 0026 0.022 0.018 0.015 001 00110009 22 0422 0342 0.278 0226 0184 0 150 0123 0101 0085 006 0056 0046 0018 002 0026 0.022 0.01 0015 0015 00110009 0.007 23 0406 0326 0.262 0211 0170 0138 0112 0.091 0074 0060 0049 0010 0033 00270022 0015 0015 0012 0010 00090007 0.006 0390 0310 0247 0197 0158 0126 0.102 002 0.066 0053 0.043 0015 0028 0.025 0.019 0015 0013 0010 0008 0.007 24 0.003 25 0375 0395 0213 0184 0.146 0116 0092 0074 0059 0047 0038 0030 0024 0020 0016 0.013 0.010 0009 0.007 0.006 0.005 0.004 0361 0281 0220 0172 0135 0106 0064 0066 0053 0042 0011 0026 00210017 0014 001100090007 00060005 0.004 0.001 0347 026 0207 0161 0125 0095 0076 0060 0047 0017 009 0023 0018 0014 0011000900070006 005 0004 0.003 0002 0331 0255 0196 0150 0116 0090 0069 0054 0042 00% 00% 0020 0016 00120010 000 000600050004 0.003 0.002 0.002 0017 009 0.022 0.017 0014 0.011 0.000006 00050004 00010002 0002 0002 0321 024 015 0141 0.107 0082 0061 0048 0306 0231 0174 0191 0099 0075 0057 0044 0013 00% 0020 0015 0012 0.009 0.007 0.005 0004 00010001 000 0007 0206 0142 0097 0067 0046 0032 0092 0015 001100000050004 0.001 000 000100010001 0000 0000 0000 00000000 26 27 28 29 30 40 0.006 0.001 6% 79 8% 9% 10% 11% 129 13% 14% 15% 16% 17% 18% 19% 20% 21% 22% 23% 24% 25% 0943 0935 0926 0.917 0909 0.901 0895 0.555 0877 0870 0.862 0.855 0.847 0840 0833 0826 0820 0813 0806 0.500 09070590 0873 0857 0842 0526 0812 0.797 0783 0.769 0.756 0.743 0731 0.718 0.706 0.694 0683 0.672 0.661 0650 0640 0 564 0.840 0.816 0.794 0.772 0.751 0731 0.712 0693 0.675 0.658 0.641 0.624 0.609 0.593 0.579 0.564 0.551 0.537 0524 0512 0855 0823 0.792 0.763 0.735 0.708 0683 0.659 0636 0.613 0.592 0.572 0352 0334 0.516 0.499 0.482 0.467 0.451 0437 0423 0.410 0681 0650 0.621 0593 0567 0.543 0.519 0.497 0.476 0.456 0.437 0.419 0.402 0386 0370 0355 0341 0328 0.630 0.596 0.564 0335 0507 0.480 0.456 0432 0.410 0390 0370 0352 0335 0319 0303 0289 0225 0262 0583 0.547 0513 0452 0452 0425 0.400 0376 0354 0333 0314 0296 0279 0263 0249 0235 0222 0210 0.540 0.502 0467 0434 0404 0376 0.351 0327 0305 0 255 0266 0.249 0233 0218 0204 0.191 0179 0168 0.5000460 0424 0391 0361 0333 0305 0254 0263 0243 0225 0209 0194 0180 0167 0155 0144 0134 0508 0.463 0422 0.386 0352 0.322 0295 0270 0247 0227 0208 0191 0176 0162 0149 0137 0126 0116 0107 0475 0429 0.388 0.350 0.317 0287 0261 0237 0215 0.195 0.1728 0162 0148 0135 0123 0112 0103 0.094 0.086 0444 0.397 0.356 0319 0.286 0.257 0.231 0.205 0187 0168 0152 0137 0124 0112 0102 0092 0.083 0.076 0.069 Managed bookmarks EXHIBIT 14B-2 Present Value of an Annuity of $1 in Arrears Periods 4% 596 6% 7% 8% 1 0962 0.952 0.943 2 3 2775 4 5 6 7 8 6.733 6463 9 7435 7.108 10 8111 7.722 6710 6418 6.145 11 8.760 8306 7887 7499 139 6805 6.495 12 9.385 8863 8.384 7943 7536 7161 13 9986 9.394 14 10 563 9899 15 11 118 10 380 16 11 652 10 $38 10 106 17 12 166 11 274 10.477 18 12 659 11 690 10 828 10 059 19 13 134 12 085 11 158 10 336 20 13.590 12 462 11.470 10 594 21 14.029 12 821 11.764 22 14.451 13 163 12 042 10 836 11:061 23 14.457 19 469 12:30) 11 272 24 35.247 13.299 12.550 11.469 10 329 9.7078953 25 15 622 14 094 11.654 10 675 9823 9077 26 15 983 14 375 15.00% 11 826 10 $10 9929 9161 27 16.330 14 643 13 211 11 987 10 935 10.027 9237 28 16 663 14 98 13.405 12 137 11 051 10.116 9307 29 16 984 15 14 13 591 12-278 11 158 10 198 30 17 292 15.372 13 265 12 409 11 255 10.274 9427 40 19.795 17.159 15.046 13 332 11.925 10 757 9779 12% 21% 9% 10% 11% 13% 14% 15% 16% 17% 15% 19% 20% 22% 23% 24% 25% 0935 0926 0.917 0909 0901 0595 0.885 0877 0870 062 0855 0.847 0840 0833 0826 0520 0513 08060309 1886 1859 1833 1808 1.783 1759 1.736 1713 1690 1668 1.647 1.626 1.605 1585 1.566 1547 1528 1509 1492 1474 1457 1.440 2.723 2673 2.624 2.577 2.531 2487 2444 2402 2.361 2322 2283 2.246 2.210 2.174 2140 2106 2.074 2.042 2.011 1981 1952 3.630 3.546 3.465 3387 3 312 3.240 3170 3.102 3037 2974 2914 2855 2.798 2.743 2.690 2.619 2.589 2.540 2494 2.448 2.404 2362 4.452 4329 4212 4.100 3991 3590 3.791 3.696 3605 3.517 3.433 3352 3.274 3.199 3127 3.058 2.991 2.926 2864 2.503 2.745 2689 5242 5.076 4.917 4767 4.623 4456 4.355 4231 4 111 3.998 3359 3.784 3.685 3589 3498 3410 3326 3.245 3.107 3.092 3.020 2.951 6002 5.786 5382 3389 5.206 5013 4.568 4.712 4.564 4.423 4288 4.160 4039 3.922 3812 3.706 3.605 3.508 3.416 3.327 3.242 3.161 6210 5.971 5,747 5.535 5.335 5.146 4968 4.799 4.639 4487 4344 4207 4078 3.954 X837 3.726 3619 3.518 3421 3.329 6502 6515 6247 5.995 5.759 5.537 5.328 5132 4946 4772 4.607 4:451 4303 4.163 4031 3.905 3.786 3.6733566 3.463 7.360 7,024 5 859 5.650 5.426 5216 5.019 4833 4659 4.494 4.339 4.192 4054 3923 3.799 3.682 3571 6 207 5938 5.687 5.453 5234 5029 4816 4656 4.456 4327 4177 4035 3902 3.776 3656 6.514 6492 6194 5918 5660 5.421 5197 4.988 4.193 4.611 4.439 4.218 4.127 3.985 3851 3.725 8853 356 7.904 7457 71031 6.750 6424 6122 5842 5583 5342 5.115 4910 4.715 4333 4.362 4.203 4053 391270 9.295 8.745 8244 7.766 7367 6982 6628 6302 6002 5224 5.468 5229 5.008 48024611 4.432 4265 4108 3.962 3824 9712 9108 8559 061 7.606 7191 6511 6462 6142 5847 5575 5.324 5.092 4876 4.675 4419 4315 4153 4001 359 9447 8851 83137824 7.379 6.974 6604 6265 5954 5668 5.405 5.162 4938 4750 4516 4357 4.189 403) 3887 9.763 9.122 8544 8.022 7549 71206729 6373 6047 5749 5.475 5.222 4.990 4.775 457 4.391 4219 4.999 1910 9372 8.756 8 201 7.702 72:50 6340 6.467 6128 5.818 5534 5.273 5.033 4.812 4 608 4.419 4.243 4.080 3.98 9.604 950 8365 739 7366 6938 6550 6198 5877 5584 5.316 5.0704149 4635 4.442 263 4.097 3942 9818 9 129 8514 7963 7.469 7025 6.623 6259 3.99 3.628 535351014870 4657 4400 279 41:0 3954 10.0179292 649 105 7562 7.102 6.647 6312 5.973 5.665 5 3845127 48914675 4476 429241213063 10201 9442 8772 8176 7615 7170 674 6359 6011 5696 5410 51404909 4690 4455 4302 4.1303970 10.371 9500 643 266 7718 7310 62 6399 6044 522 542 5167 495 47043070 3457784 7283 6435 644 607) 5746 5451 51834017 4719 4507 4.318 4.143 3981 422 7843 7330 6873 6.464 6097 5.766 5.407 5.195 4945 472143144234945 458 7896 722 6906 6491 6115 5.789 5.490 5206 496 4728 4320 432 415 548 7943 77.409 6915 6514 6156 595 5402 5315 4964 474 4524 439 4154 1990 600 794 16961 6534 6152 5810 5502 5.223 4.920 4.739 4528 433551573992 650 8022 7470 6983 6551 6166 5.820 5510 529 4975 4243 4591 4339 4159 3994 694 8055 7496 7.003 6566 6177 5899 5517 5715 429 4746 4534 4330 4360 3995 951 8244 7654 7105 6.642 6233 5871 5.548 5258 4997 4260 4544 4347 4166 3.999 9370 stion by entering your answers in the tabs below. Req 1 Req 2A Req 2B Using the data computed in (1) above and other data provided in the problem, determine the net present value of the proposed investment. (Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount.) Net present value Matheson Electronics has just developed a new electronic device that it believes will have broad market appeal. The company has performed marketing and cost studies that revealed the following information: a. New equipment would have to be acquired to produce the device. The equipment would cost $480,000 and have a six-year useful life. After six years, it would have a salvage value of about $12.000. b. Sales in units over the next six years are projected to be as follows: Year Sales in Units 1 15,000 2 20,000 22,000 24,000 3 4-6 c. Production and sales of the device would require working capital of $61,000 to finance accounts receivable, inventories, and day- to-day cash needs. This working capital would be released at the end of the project's life. d. The devices would sell for $60 each; variable costs for production, administration, and sales would be $45 per unit. e. Fixed costs for salaries, maintenance, property taxes, insurance, and straight-line depreciation on the equipment would total $155,000 per year. (Depreciation is based on cost less salvage value) f. To gain rapid entry into the market, the company would have to advertise heavily. The advertising costs would be: Year 1-2 3 4-5 Amount of Yearly Advertising $ 218,000 $ 70,000 $60,000 g. The company's required rate of return is 15%. Click here to view Exhibit 148-1 and Exhibit 148-2 to determine the appropriate discount factor(s) using tables Required: 1. Compute the net cash inflow (incremental contribution margin minus incremental fixed expenses) anticipated from sale of the device for each year over the next six years. 2-a. Using the data computed in (1) above and other data provided in the problem, determine the net present value of the proposed investment 2-b. Would you recommend that Matheson accept the device as a new product? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 Compute the net cash inflow (incremental contribution margin minus incremental fixed expenses) anticipated from sale of the device for each year over the next six years. (Negative amounts should be indicated by a minus sign.) Incremental contribution margin Incrememental fixed expenses Net cash inflow (outflow) Year 1 Year 2 Year 3 Year 4-6 EXHIBIT 14B-1 Present Value of $1; I (1+r) Periods 4% 5% 1 0.962 0952 2 0925 3 0859 4 5 0.822 0.784 0747 0.713 6 0.790 0.746 0.705 0 666 7 0.760 0711 0665 0623 0.731 0677 0627 0582 9 0.703 0645 0592 0544 10 0676 0614 0558 11 0650 0585 0.527 12 13 14 0.625 0557 0.497 0601 0.577 0 530 0.469 0.505 0442 15 16 17 18 19 21 0358 0340 0415 0368 0.326 0.290 0.258 0.229 0204 0.182 0.163 0.145 0.130 0116 0104 0093 0084 0075 0068 0061 0.055 0299 0263 0232 0.205 0181 0.160 0141 0.125 0.111 0.099 0.088 0.028 0.069 0.062 0055 0.049 0.044 0 555 0481 0.417 0362 0315 0275 0239 0209 0183 0.160 0.140 0.123 0108 0095 0.064 0.074 0.065 0.057 0.0510045 0040 0035 0.534 0458 0394 0339 0292 0252 0218 0.188 0165 0141 0.125 0.107 0093 0.081 0.071 0062 0.054 0.047 0.042 0.036 0032 0028 0513 0436 0371 0.317 0270 0231 0196 0170 0.146 0125 0108 00930080 0069 0060 0.032 0.045 0.039 0.014 0.030 0.026 0.023 0494 0416 0.350 0.296 0250 0212 0180 0157 0130 0111 0095 0081 0069 0.059 0.051 0.044 0.018 0.012 0.028 0.024 0.021 0018 0.475 0396 0331 0277 0232 0194 0164 0138 0.116 0095 008300700060 0.051 0.043 0017 0031 0.027 0023 0020 0.017 0014 20 0456 0377 0312 0258 0215 0178 0.149 0.124 0104 0087 0073 0061 0051 0045 0037 0.031 0.026 0022 0019 0016 0014 0.012 0439 0359 0294 0.242 0199 0164 0135 0112 0.093 0077 0.064 003 0044 0037 0031 0026 0.022 0.018 0.015 001 00110009 22 0422 0342 0.278 0226 0184 0 150 0123 0101 0085 006 0056 0046 0018 002 0026 0.022 0.01 0015 0015 00110009 0.007 23 0406 0326 0.262 0211 0170 0138 0112 0.091 0074 0060 0049 0010 0033 00270022 0015 0015 0012 0010 00090007 0.006 0390 0310 0247 0197 0158 0126 0.102 002 0.066 0053 0.043 0015 0028 0.025 0.019 0015 0013 0010 0008 0.007 24 0.003 25 0375 0395 0213 0184 0.146 0116 0092 0074 0059 0047 0038 0030 0024 0020 0016 0.013 0.010 0009 0.007 0.006 0.005 0.004 0361 0281 0220 0172 0135 0106 0064 0066 0053 0042 0011 0026 00210017 0014 001100090007 00060005 0.004 0.001 0347 026 0207 0161 0125 0095 0076 0060 0047 0017 009 0023 0018 0014 0011000900070006 005 0004 0.003 0002 0331 0255 0196 0150 0116 0090 0069 0054 0042 00% 00% 0020 0016 00120010 000 000600050004 0.003 0.002 0.002 0017 009 0.022 0.017 0014 0.011 0.000006 00050004 00010002 0002 0002 0321 024 015 0141 0.107 0082 0061 0048 0306 0231 0174 0191 0099 0075 0057 0044 0013 00% 0020 0015 0012 0.009 0.007 0.005 0004 00010001 000 0007 0206 0142 0097 0067 0046 0032 0092 0015 001100000050004 0.001 000 000100010001 0000 0000 0000 00000000 26 27 28 29 30 40 0.006 0.001 6% 79 8% 9% 10% 11% 129 13% 14% 15% 16% 17% 18% 19% 20% 21% 22% 23% 24% 25% 0943 0935 0926 0.917 0909 0.901 0895 0.555 0877 0870 0.862 0.855 0.847 0840 0833 0826 0820 0813 0806 0.500 09070590 0873 0857 0842 0526 0812 0.797 0783 0.769 0.756 0.743 0731 0.718 0.706 0.694 0683 0.672 0.661 0650 0640 0 564 0.840 0.816 0.794 0.772 0.751 0731 0.712 0693 0.675 0.658 0.641 0.624 0.609 0.593 0.579 0.564 0.551 0.537 0524 0512 0855 0823 0.792 0.763 0.735 0.708 0683 0.659 0636 0.613 0.592 0.572 0352 0334 0.516 0.499 0.482 0.467 0.451 0437 0423 0.410 0681 0650 0.621 0593 0567 0.543 0.519 0.497 0.476 0.456 0.437 0.419 0.402 0386 0370 0355 0341 0328 0.630 0.596 0.564 0335 0507 0.480 0.456 0432 0.410 0390 0370 0352 0335 0319 0303 0289 0225 0262 0583 0.547 0513 0452 0452 0425 0.400 0376 0354 0333 0314 0296 0279 0263 0249 0235 0222 0210 0.540 0.502 0467 0434 0404 0376 0.351 0327 0305 0 255 0266 0.249 0233 0218 0204 0.191 0179 0168 0.5000460 0424 0391 0361 0333 0305 0254 0263 0243 0225 0209 0194 0180 0167 0155 0144 0134 0508 0.463 0422 0.386 0352 0.322 0295 0270 0247 0227 0208 0191 0176 0162 0149 0137 0126 0116 0107 0475 0429 0.388 0.350 0.317 0287 0261 0237 0215 0.195 0.1728 0162 0148 0135 0123 0112 0103 0.094 0.086 0444 0.397 0.356 0319 0.286 0.257 0.231 0.205 0187 0168 0152 0137 0124 0112 0102 0092 0.083 0.076 0.069 Managed bookmarks EXHIBIT 14B-2 Present Value of an Annuity of $1 in Arrears Periods 4% 596 6% 7% 8% 1 0962 0.952 0.943 2 3 2775 4 5 6 7 8 6.733 6463 9 7435 7.108 10 8111 7.722 6710 6418 6.145 11 8.760 8306 7887 7499 139 6805 6.495 12 9.385 8863 8.384 7943 7536 7161 13 9986 9.394 14 10 563 9899 15 11 118 10 380 16 11 652 10 $38 10 106 17 12 166 11 274 10.477 18 12 659 11 690 10 828 10 059 19 13 134 12 085 11 158 10 336 20 13.590 12 462 11.470 10 594 21 14.029 12 821 11.764 22 14.451 13 163 12 042 10 836 11:061 23 14.457 19 469 12:30) 11 272 24 35.247 13.299 12.550 11.469 10 329 9.7078953 25 15 622 14 094 11.654 10 675 9823 9077 26 15 983 14 375 15.00% 11 826 10 $10 9929 9161 27 16.330 14 643 13 211 11 987 10 935 10.027 9237 28 16 663 14 98 13.405 12 137 11 051 10.116 9307 29 16 984 15 14 13 591 12-278 11 158 10 198 30 17 292 15.372 13 265 12 409 11 255 10.274 9427 40 19.795 17.159 15.046 13 332 11.925 10 757 9779 12% 21% 9% 10% 11% 13% 14% 15% 16% 17% 15% 19% 20% 22% 23% 24% 25% 0935 0926 0.917 0909 0901 0595 0.885 0877 0870 062 0855 0.847 0840 0833 0826 0520 0513 08060309 1886 1859 1833 1808 1.783 1759 1.736 1713 1690 1668 1.647 1.626 1.605 1585 1.566 1547 1528 1509 1492 1474 1457 1.440 2.723 2673 2.624 2.577 2.531 2487 2444 2402 2.361 2322 2283 2.246 2.210 2.174 2140 2106 2.074 2.042 2.011 1981 1952 3.630 3.546 3.465 3387 3 312 3.240 3170 3.102 3037 2974 2914 2855 2.798 2.743 2.690 2.619 2.589 2.540 2494 2.448 2.404 2362 4.452 4329 4212 4.100 3991 3590 3.791 3.696 3605 3.517 3.433 3352 3.274 3.199 3127 3.058 2.991 2.926 2864 2.503 2.745 2689 5242 5.076 4.917 4767 4.623 4456 4.355 4231 4 111 3.998 3359 3.784 3.685 3589 3498 3410 3326 3.245 3.107 3.092 3.020 2.951 6002 5.786 5382 3389 5.206 5013 4.568 4.712 4.564 4.423 4288 4.160 4039 3.922 3812 3.706 3.605 3.508 3.416 3.327 3.242 3.161 6210 5.971 5,747 5.535 5.335 5.146 4968 4.799 4.639 4487 4344 4207 4078 3.954 X837 3.726 3619 3.518 3421 3.329 6502 6515 6247 5.995 5.759 5.537 5.328 5132 4946 4772 4.607 4:451 4303 4.163 4031 3.905 3.786 3.6733566 3.463 7.360 7,024 5 859 5.650 5.426 5216 5.019 4833 4659 4.494 4.339 4.192 4054 3923 3.799 3.682 3571 6 207 5938 5.687 5.453 5234 5029 4816 4656 4.456 4327 4177 4035 3902 3.776 3656 6.514 6492 6194 5918 5660 5.421 5197 4.988 4.193 4.611 4.439 4.218 4.127 3.985 3851 3.725 8853 356 7.904 7457 71031 6.750 6424 6122 5842 5583 5342 5.115 4910 4.715 4333 4.362 4.203 4053 391270 9.295 8.745 8244 7.766 7367 6982 6628 6302 6002 5224 5.468 5229 5.008 48024611 4.432 4265 4108 3.962 3824 9712 9108 8559 061 7.606 7191 6511 6462 6142 5847 5575 5.324 5.092 4876 4.675 4419 4315 4153 4001 359 9447 8851 83137824 7.379 6.974 6604 6265 5954 5668 5.405 5.162 4938 4750 4516 4357 4.189 403) 3887 9.763 9.122 8544 8.022 7549 71206729 6373 6047 5749 5.475 5.222 4.990 4.775 457 4.391 4219 4.999 1910 9372 8.756 8 201 7.702 72:50 6340 6.467 6128 5.818 5534 5.273 5.033 4.812 4 608 4.419 4.243 4.080 3.98 9.604 950 8365 739 7366 6938 6550 6198 5877 5584 5.316 5.0704149 4635 4.442 263 4.097 3942 9818 9 129 8514 7963 7.469 7025 6.623 6259 3.99 3.628 535351014870 4657 4400 279 41:0 3954 10.0179292 649 105 7562 7.102 6.647 6312 5.973 5.665 5 3845127 48914675 4476 429241213063 10201 9442 8772 8176 7615 7170 674 6359 6011 5696 5410 51404909 4690 4455 4302 4.1303970 10.371 9500 643 266 7718 7310 62 6399 6044 522 542 5167 495 47043070 3457784 7283 6435 644 607) 5746 5451 51834017 4719 4507 4.318 4.143 3981 422 7843 7330 6873 6.464 6097 5.766 5.407 5.195 4945 472143144234945 458 7896 722 6906 6491 6115 5.789 5.490 5206 496 4728 4320 432 415 548 7943 77.409 6915 6514 6156 595 5402 5315 4964 474 4524 439 4154 1990 600 794 16961 6534 6152 5810 5502 5.223 4.920 4.739 4528 433551573992 650 8022 7470 6983 6551 6166 5.820 5510 529 4975 4243 4591 4339 4159 3994 694 8055 7496 7.003 6566 6177 5899 5517 5715 429 4746 4534 4330 4360 3995 951 8244 7654 7105 6.642 6233 5871 5.548 5258 4997 4260 4544 4347 4166 3.999 9370 stion by entering your answers in the tabs below. Req 1 Req 2A Req 2B Using the data computed in (1) above and other data provided in the problem, determine the net present value of the proposed investment. (Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount.) Net present value