Problem
Horn Company is evaluating an investment project that has a 6-year life and produces the following cash inflows: Years 1 - 4 ............. $20,000 (each year) Year 5 .................. $30,000 Year 6 .................. ??????? The initial investment for this project is $86,000 and the net present value of this project was calculated to be $5,057 at a cost of capital of 10%. Calculate the amount of the year 6 cash inflow associated with this investment project. Ignore income tax effects.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.