Briarcrest Condiments is a spice-making firm. Recently, it developed a new process for producing spices. The process requires new machinery that would cost $1,818,060. have a life of five years, and would produce the cash flows shown in the following table.
Year Cash Flow
1 $575,892
2 -234,048
3 895,036
4 948,887
5 870,492
What is the NPV if the discount rate is 16.64 percent? (Enter negative amounts using negative sign e.g. -45.25. Round answer to 2 decimal places, e.g. 15.25.) 

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