Present Value Calculation/Analysis  
                         
  Product code: CF9140                      
  Chuka Cove is considering adding two additional party floors. The cost of capital available to Chuka Cove is 12%. The cash flow from the project is outlined below:  
                         
    Year Cash Flow                  
    1 $1,231.20                  
    2 $390.45   www.accountingbase.com    
    3 $1,467.75                  
    4 $1,795.50                  
    5 $2,271.45                  
                         
  What is present value of Chuka Cove's project to add two additional party floors?  
                         
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