Last Tuesday, Cute Camel Woodcraft Company lost a portion of its planning and financial data when both its main and its backup servers crashed. The company's CFO remembers that the internal rate of return (IRR) of Project Delta is 13.8%, but he can't recall how much Cute Camel originaly invested in the project nor the project's net present value (NPV). However, he found a note that detailed the annual net cash fows expected to be generated by Project Delta. They are: Year 2 $3,000,000 Year 3 $3,000,000 Year 4 $3,000,000 The CFO has asked you to compute Project Delta's initial investment using the information currently available to you. He has offered the following suggestions and observations . A project's IRR represents the return the project would generate when its NPV is zero or the discounted value of its cash inflows equals the discounted value of its cash outflows-when the cash flows are discounted using the project's IRR The level of risk exhibited by Project Delta is the same as that exhibited by the company's average project, which means that Project Delta's net cash flows can be discounted using Cute Camel's 8% wACC. and its NPV s (rounded to the nearest whole dollar) A projets IRR wllncesthe project's cash inf increase everything ese is unaffected