Able Corporation has Project A with the following cash flows and a 6.8% cost of money: Numbers in parentheses are outflows. Both Year 0 and Year 3 cash flows are outflows. What is the net present value?
Year Cash flow
0 $(351,000)
1 $ 95,000
2 $180,000
3 $(300,000)
4 $ 280,000
5 $260,000
6 $180,000