conduct scenario analysis illustrated below:

Suppose you have been hired as a financial consultant to Cape Cod Fishing, Inc. (CCF), a large firm that is the market share leader in manufacturing fishing products. The company is looking at setting up a manufacturing plant to produce a new line of fishing bait, which specially formulated for attracting bluefin tuna. To illustrate, suppose the company can sell 87,300 cans of bait per year at a price of $39.18 per can. It costs the company about $23.40 per can to make fishing bait, and a new product such as this one typically has only a 6-year life (perhaps because the customer base dwindles rapidly). We require a 9 percent return on new products. Fixed costs for the project, including such things as rent on the production facility, will run $827,000 per year. The tax rate is 24 percent. Suppose the projections are given for price, quantity, variable costs, and fixed costs are all accurate to within 10 percent. Calculate the most likely case, best-case, and worst-case net present value (NPV) figures.

All necessary information is provided to solve the problem.

Please show your work.