Break$-$even salvage value

Suppose that Kittle Co$.$ is a U$.$S$.$ based MNC that is considering setting up a subsidiary in Singapore. Kittle would like this subsidiar sell guitars locally in Singapore, and needs assistance with capital budgeting. The duration of this project is four years, with an initi $$$10,000,000($Singapore dollars$).$ The required rate of return is expected to be $15\mathrm{.}00\%$ for all four years of the project.

$\backslash$table$[[,$Year $0,$Year $1,$Year $2,$Year $3,$Year $4],[$Cash Flows to Parent, excluding Salvage Value,,$$1,700,000,$$$1,700,000,$$$2,420,000,$$$2,780,000$