P5. Annesburg Inc. is considering investing in a new project. An initial investment in plant and equipment would occur today, and an additional $250,000 investment in plant and equipment would occur eight months from today. The project will also require additional net working capital of $75,000 eight months from today. Net working capital would return to previous levels when the project ends three years from today. The project would generate its first net cash flow of $50,000 nine months from today. Thereafter, the project would generate monthly cash flows that would grow by 1% each through three years from today. Three years from today the project would generate an additional net cash flow of $100,000 as it sells equipment and facilities associated with the project. The risk-free rate equals 2% per year, the expected market risk premium equals 7% per year, the beta of Annesburg's existing assets equals 0.9 and of the project equals 1.3. Set up the calculations needed to determine the initial investment today in plant and equipment that makes the net present value of the project to equal zero