A company is opening a new store. The initial investment is 1.2 million dollars, the lease period is 5 years, and the depreciation period is also 5 years. The estimated net residual value is 0. The net profit from the first year to the fifth year is -40,000, 60,000, 1 60,000, 260,000, 360,000. Taxes are not considered. (1) How many years is the static capital payback period? (2) If the weighted average cost is 20%. Calculate the present value of the cash flows for each of the first to fifth years. Calculate project NPV.