Now that SoGood Candy Company knows its net working capital, they are exploring different projects. One project, which would add a new line of candy will require an investment of net working capital in the amount of \$2.4 million. The company estimates that it will recover this net working capital amount over a 5 year period. The discount rate for this cash flow is 4%. What is the present value of the cost of working capital for this new ine of candy