2. A project has a cost of $100,000. It has a life of 4 years. The project cost will be depreciated with equal weight (straight line) towards $20,00 value in the four years. Cash sales are expected to be $200,000 per year and 40% cost of goods sold and fixed cost (SG&A) of $30,000 in each of the 4 operating years (not in year 0). . The appropriate discount rate is 15% and the corporate tax rate is 20%. What is the project net present value?