Question: Please show all work!!! handwritten if possible and using no excel!! 22. Johnson Entertainment is setting up to manufacture a new line of video games.

 Please show all work!!! handwritten if possible and using no excel!!

Please show all work!!! handwritten if possible and using no excel!!

22. Johnson Entertainment is setting up to manufacture a new line of video games. The cost of the equipment is $1,750,000. Expected cash flows over the next 4 years are $725,000,$850,000,$1,200,000, and $1,500,000. Given the company's required rate of return of 15%, what is the NPV of this project? a) $4,669,806 b) $3,122,607 c) $1,169,806 d) $2,919,806

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