Iron Hawk, Inc. will be investing in a new project. The initial investment is $7.506,000. The project will have a five year life. The book value of the assets at the end of the project will be $950,000. The company will use straight line depreciation for the project. They will be able to sell the item assets at the end of the project for $600,000. The project will require $300,000 in net working capital investment. The project will produce $2,486,000 in revenue and incur $845.180 in costs. The company's effective tax rate is 31% If the firm's cost of capital is 11.25% what is the NPV of the project. -$1,604,963.96 -$814,489.46 $1,056,197.22 $1,604,963.96