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Bizhelp, CPA

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Experience: BA degree and Certified Public Accountant

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Briarcrest Condiments is a spice-making firm. Recently, it

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Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1,968,450. have a life of five years, and would produce the cash flows shown in the following table.Year Cash Flow 1 $512,496 2 -242,637 3 814,558 4 887,225 5 712,642What is the NPV if the discount rate is 15.9 percent? (Enter negative amounts using negative sign e.g. -45.25. Round answer to 2 decimal places, e.g. 15.25.) NPV is $Entry field with incorrect answerUgh, I have gotten this calculation wrong twice. Wondering if Bizhelp can figure the correct answer?