Question: A company would like to invest in a project. The investment cost is $80,000 at the beginning of the first period, $70,000 more at the beginning of the second period, and $60,000 more at the beginning of the fourth period. The project has a 10-period useful life. The cash inflows at the end of period 5 through period 10 are $25,000, $60,000, $100,000, $120,000, $130,000, and $160,000, respectively. The cost of capital in period 1 through period 10 is 12%.
The net present value of the project is $
Use at least 6 decimal places.
Do not use any comma in your answer.
You must show your calculation steps clearly.