A project requires an initial fixed asset investment of $600,000, which will be depreciated straight-line to zero over the 6-year life of the project. The pretax salvage value of the fixed assets at the end of the project is estimated to be $50,000. Projected sales volume for each year of the project is shown below. The sale price is $50 per unit. A $30,000 initial investment in net working capital is required, and is recovered at the end of the project. Variable costs are $35 per unit, and fixed costs are $50,000 per year. The firm has a tax rate of 34%, and a required return on investment of 12%.

Year	1	2	3	4	5	6
Sales	10,000	11,000	12,000	13,000	14,000	15,000

Estimate relevant cash flow of the project.

What is NPV of the project?

Should the project be accepted?