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A company is considering a project that is expected to generate cost savings. The project...

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Accounting

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A company is considering a project that is expected to generate cost savings. The project would require the purchase of an asset for $800,000. Assume the following: Present Value of Salvage Value = $40,000; PVCCATS = $150,000; Present Value of After-tax Savings = $650,000. What is the NPV for the project? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50

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