A proposed new investment has projected sales of $825,000.Variable costs are 55 percent of sales and fixed costs are $237,150; depreciation $91,000 per year. With a pro forma income statement assuming a tax rate of 25 percent.What is projected net income?If the project costs $2,000,000,lasts for 6 years and the cost of capital is 15%, compute the NPV and IRR for the project.

My main issue is the second portion of the problem set - recalculating based on the project costing $2,000,000.