, A company invests in new machinery 1,000,000, and it immediately starts to produce 4,000 units of a product starting the year of investment, sales grows each year by 15%. One unit of the product is expected to be sold for 400 and it is expected to have cash expenditures 300 per one unit. The project's life is expected to be 5 years. The cost of capital is 10% and the marginal tax rate is 25%. What is the NPV of the investment?