Question: You are considering a project that will cost $ 4 4 , 8 8 8 . It will increase net income $ 2 6 ,

You are considering a project that will cost $44,888. It will increase net income $26,470 in 2 years, $11,217 in 3 years, no return in 4 years, $8,625 in 5 years and $6,152 in 6 years. The company has a required rate of return of 9%. What is the present value of future cash flows?

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