Kingsway Inc. is considering a new product launch. The firm expects to have annual operating cash flows of $300,000 for the next 4 years. Kingsway Inc. uses a discount rate of 10 percent for new product launches. The initial investment is $250,000. Assume that the project has no salvage value at the end of its economic life. What is the NPV of the new project? Let's assume that after the first year, the project can be dismantled and sold for $100,000. If the estimates of remaining cash flows are revised based on the first year's experience, at what level of expected cash flows does it make sense to abandon the project