A firm is considering a nine-year project that requires an initial investment in fixed assets of $630. The fixed asset will be depreciated straight line to zero over the life of the project. At the...

A firm is considering a nine-year project that requires an initial investment in fixed assets of $630.  The fixed asset will be depreciated straight line to zero over the life of the project.  At the end of the project the asset will be sold for $180.  The project is expected to generate $950 in annual sales with annual cost of goods sold of $400.  The tax rate is 30% and the discount rate is 10%.  Find the net present value of the project.