**Answer :
**

**Net present value = -$18,375
**

**
Explanation :
**

As per the data given in the question,

Initial investment = $239,800

The project will generate operating cash flow pf $56,200 for 5 years

So present value of operating cash flow :

PMT = $56,200

N = 5 years

Rate = 15.2%

FV = $0

Now applying the formula

**= -PV(RATE,NPER,PMT,FV,0)**

**The present value comes ** $187,502

Now

FV = $67,000

n = 5 years

Rate = 15.2%

PMT = $0

Now applying the formula

**= -PV(RATE,NPER,PMT,FV,0)**

**The present value comes ** $33,023

Now the Net present value is

= ($33,023 + $187,502) - $238,900

= **-$18,375**