50. Farndy Inc, must choose between Projects S and L. These projects are mutually exclusive, equally risky, and not repeatable. Project S's cash flows are as follows: Year 0:-$1,000; Year 1: $500; Year 2: $800; Year 3: $0; Year 4: $0. Project L's cash flows are as follows: Year 0:-$2,000; Year 1: $400; Year 2: $800; Year 3: $800; Year 4: $1,000. Farndy Inc.'s WACC is 10%. If they decide to choose the project with the shorter payback period, some value may be forgone. How much value will be lost in this instance? Note that under some conditions choosing projects on the basis of the shorter payback period will not cause value to be lost