A manufacturer of video games develops a new game over two years. This costs $830,000 per year with one payment made immediately and the other at the end of two years. When the game is released, it is expected to make $1.20 million per year for three years after that. What is the net present value (NPV) of this decision if the cost of capital is 10% ? $1,045,384 $0 $1,520,559 $1,805,663 $950,349 $1,264,237 $1,195,642 $1,326,597