1)You are evaluating a project that increases your near-term inventory efficiency.The project will initially cost $2 million in capital expenditures (immediately), and it will be depreciated over three years (straight-line) with zero salvage value.You do not anticipate additional capital spending.The firm's marginal tax rate is 35%, and the project's WACC is 30%.Assume that all other net working capital accounts (other than inventory) and capex remain the same.Revenue and Cost of Goods Sold projections are shown below.What is the NPV of this project?