Fleet Berhad is assessing the viability of a manufacturing project. The cost of the project is estimated to be RM2.4 million. Additional manufacturing equipment costs RM500,000 is spent, which at the termination of the project, 40% of the equipment cost can be salvaged. The company's cost of capital is 5.24%. The operating cash flows for the five years are as follows: Year 1 2 3 4 5 OCF 1,340,000.00 850,000.00 600,000.00 600,000.00 700,000.00 Table 2: Fleet's Operating Cash Flows