Kathmandu Ltd has a planned warehouse project has the following estimated cashflows for the life of the warehouse:

Initial Outlay $(1,759,036)

Year 1 to Year 3 Cash flows (116,406)

Year 4 to Year 8 Cash flows 412,810

Year 9 to Year 10 Cash flows 403,417

Cost of debt Capital= 5.16% WACC=1.57%

Cost of capital ordinary shares= 21.76% WACC=10.68%

Cost of capital preference share= 10.30% WACC= 21.63%

discount rate= 14.3%

Calculate the NPV of the project.

Answer question by completing the following table:

Year Cash flow Discount Factor Present Value NPV 0 1 2 3 4 5 6 7 8 9 10