Medela's Entertainment systems is setting up a manufacture a new line of video game consoles. The cost of the manufacturing equipment is $1,750,000. Expected cash flows over the next four years are $725,000, $850,000, 1,200,000, and $1,500,000. Given the company's required rate of return of 15 percent, what is the NPV of this project?

$1169806

$2919806

$4669806

$3122607