Question: (Net present value calculation) Carson Trucking is considering whether to expand is regional service center in Mohab, UT. The expansion requires the expenditure of $9,500,000

 (Net present value calculation) Carson Trucking is considering whether to expand

(Net present value calculation) Carson Trucking is considering whether to expand is regional service center in Mohab, UT. The expansion requires the expenditure of $9,500,000 on new service equipment and would gonerate annuat net cash inflows from reduced costs of operations equal to $2,000,000 per year for each of the next 6 years. In year 6 the firm witt also get back a cash flow equal to the salvage value of the equipment, which is valued at $0.9 millon. Thus, in year 6 the investment cash inflow totals $2,900,000. Calculate the projecto NPV using a discount rate of 6 percert. If the discount rate is 6 percent, then the project's NPV is : (Round to the nearest dolioe)

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