estimates on the items listed above are 11 percent higher or 11 percent lower than expected. Assume that this new product line will require an initial outlay of $1.12 million, with no working capital investment, and will last for 10 years, being depreciated down to zero using straight-line depreciation. In addition, the firm's required rate of return of cost of capital is 9.6 percent, and the firm's marginal tax rate is 34 percent. Calculate the project's NPV under the "best-case scenario" (that is, use the high estimates-unit price 11 percent above expected, variable costs 11 percent less than expected, fixed costs 11 percent less than expected, and expected sales 11 percent more than expected). Calculate the project's NPV under the "worst-case scenario." The NPV for the best-case scenario will be $ (Round to the nearest dollar.) 1 Data Table 4 Unit price: Variable costs: $70 Fixed costs: $245,000 per year Expected sales: 10,100 per year into a readsheet)