Q6. Self-tightening wedge grips are designed for tensile testing applications up to 1200 pounds.The cash flow associated with the product is shown below. Determine the cumulative cash flow after year 4.
Year
1
2
3
4
Revenue, $
19,000
13,000
7,000
27,000
Costs, $
-30,000
-16,000
-8,000
-4,000
The cumulative cash flow after year 4 is $ .
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