Question: Question 1(1 point) Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 6.61

Question 1(1 point)

Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 6.61 percent. The initial outlay is $333,140.

Year 1: 159,251

Year 2: 135,349

Year 3: 131,786

Year 4: 143,678

Year 5: 185,896

Round the answer to two decimal places.

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