Briarcrest condiments is a spice-making firm. recently, it developed a new process for producing spices. the process requires new machinery that would cost $1,944,632. have a life of five years, and would produce the cash flows shown in the following table.
Year Cash flow
1 $389,702
2 -226,720
3 798,674
4 723,621
5 873,699
What is the NPV if the discount rate is 15.36 percent?