2) Korral Kids is a chain of children's premium outdoor clothing that is expanding into a neighbouring city. It can lease space in a downtown location requiring a major refitting for a cost of $600,000. Instead it could lease a smaller mall location with lower traffic but would only require redecoration and furnishing at $420,000. Income before amortization expense for the mall location over the next three years is $45,000, 595,000, $ 95,000. It is projected to be $90,000 for the three years after that. Expected cash inflow for the downtown location is projected at $70,000, $115,000, $145,000, and $365,000 for the three years after that. If the company is looking for a 4 return. What is the NPV of each venture? (16 marks)