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Dakmont Company has an opportunity to manufacture and sell a new product for a four-year...

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Accounting

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Dakmont Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 6%. After careful study, Oakmont estimated the following costs and revenues for the new product: When the project concludes in four years the working capital will be released for investment elsewhere within the company. Click here to view and Exhibit 128-2, to determine the appropriate discount factor(s) using tables. Required: Required: Calculate the net present value of this investment opportunity. (Round your final answer to the nearest whole dollar amount.)

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