The Anderian subsidiary is to sell the entire Ventgo product in the euro zone. Expected sales are 150,000 units per year. The proposed price will be €80, rising at the euro zone rate of inflation. The subsidiary will pay GLOBAL a 20% commission for marketing the product. The subsidiary will also pay GLOBAL a 5.0% royalty for patents and proprietary services. Allowable depreciation and other noncash charges should be A5 million per year. Anderia levies Corporation Tax at 50% but withholds no taxes on dividends remitted to the parent company. Assume that the subsidiary remits all net cash flow as dividends to the parent company. GLOBAL pays taxes at 30% in the home country on income from foreign subsidiaries and on dividend income. Use Method 2 to calculate the NPV of the Ventgo project’s after-tax cash flow.