Question: Net present value: Crescent Industries is planning to replace some existing machinery in its plant. The cost of the new equipment and the resulting cash

Net present value: Crescent Industries is planning to replace some existing machinery in its plant. The cost of the new equipment and the resulting cash flows are shown in the accompanying table. Year Cash Flow -$3,477,540 $911,266 $973,952 $1,205,685 $1,356,933 $1,573,349 If the company uses an 18 percent discount rate for project like this, the NPV is $ J, and the company shoul the project accept reject kt calculation. If the number is negative identify (Round your answer to 2 decimal places. All intermittent calculations should be rounded to 4 decimal places before ca with a negative symbol (-).)
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