Net cash flow Present value at 224 Net present value ($ thousands) Period 1 2 -13,000 -1,524 2,987 -13,000 -1,249 2,007 2,325 (sum of PVS) 3 6,363 3,504 10,574 4,773 10,025 3,709 5,797 1,758 3,309 823 Restate the above net cash flows in real terms. Discount the restated cash flows at a real discount rate. Assume a 22% nominal rate and 8% expected inflation. NPV should be unchanged at +2,325, or $2,325,000 (Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers in thousands rounded to the nearest whole number.) Year o Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Real Net Cash Flows NPV