Question: Find the net present value (NPV) for the following series of future cash flows, assuming the company's cost of capital is 13.72 percent. The initial outlay is $370,675.
Year 1: 185,768
Year 2: 139,932
Year 3: 132,165
Year 4: 131,960
Year 5: 146,361
Round the answer to two decimal places.