Wand Co. is considering investing in a five?year project. Initial investment of $125,000 is payable today. The scrap value of the machine will be $ 25,000 receivable at end of the project. The company received the same amount of cash inflow from year 1 to year 5. The cost of capital of the company is 12%.
What is the minimum cash inflow the company should receive in the 5 years for the company to be indifferent in deciding the project