Question: please don't answer unless you are sure this is my last attempt Current Attempt in Progress Blossom, Inc., is considering investing in a new production

 please don't answer unless you are sure this is my last

please don't answer unless you are sure this is my last attempt

Current Attempt in Progress Blossom, Inc., is considering investing in a new production line for eye drops. Other than investing in the equipment, the company needs to increase its cash and cash equivalents by $10,000, increase the level of inventory by $33,000, increase accounts receivable by $25,000, and increase accounts payable by $5,000 at the beginning of the project. Blossom will recover these changes in working capital at the end of the project 9 years later. Assume the appropriate discount rate is 10 percent. What are the present values of the relevant investment cash flows? (Do not round intermediate calculations. Round answer to 2 decimal places, e.g. 15.25.) Present value $ $

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