Complete chart for years 0,1,2,and 3

The NPV of this Project is ____ (round to 4 decimal places)

Your company has been doing well, reaching $1.12 million in earnings, and is considering launching a new product. Designing the new product has already cost $525, 000. The company estimates that it will sell 826, 000 units per year for $2.93 per unit and variable non-labor costs will be $1.06 per unit. Production will end after year 3. New equipment costing $1.02 million will be required. The equipment will be depreciated to zero using the 7-year MACRS schedule. You plan to sell the equipment for book value at the end of year 3. Your current level of working capital is $298, 000. The new product will require the working capital to increase to a level of $380, 000 immediately, then to $410, 000 in year 1, $341, 000 in year 2, and finally return to $298, 000. Your tax rate is 35%. The discount rate for this project is 10.4%. Do the capital budgeting analysis for this project and calculate its NPV. Complete the capital budgeting analysis for this project below: (Round to the nearest dollar.)