Powaline Products, Inc. is considering introducing a new elliptical trainer, the NOVID-19, for the home market. The CFO of Powaline has assembled the following financial information about this new product: Last month, Powaline Products hired a marketing company to conduct a survey of its current users to determine the potential market demand for a new product. Powaline received the marketing report last week along with a bill for $270,000 asking for payment in 10 days. Powaline Products will need to spend $15,600,000 today to build a new factory to manufacture and assemble the NOVID-19. This investment will be depreciated on a straight-line basis to a $2,000,000 salvage value over 10 years. Powaline Products intends to sell the factory in 10 years for $2,000,000. Production of the NOVID-19 will require an immediate increase in net . survey of its current users to determine the potential market demand for a new product. Powaline received the marketing report last week along with a bill for $270,000 asking for payment in 10 days. Powaline Products will need to spend $15,600,000 today to build a new factory to manufacture and assemble the NOVID-19. This investment will be depreciated on a straight-line basis to a $2,000,000 salvage value over 10 years. Powaline Products intends to sell the factory in 10 years for $2,000,000 Production of the NOVID-19 will require an immediate increase in net working capital of $2,500,000. This investment will be fully recovered at the end of the life of the project. Revenue from sales of the NOVID-19 are expected to be $12,000,000 per year for each of the next 10 years. The NOVID-19 is expected to decrease sales of other Powaline Products elliptical trainers by $1,500,000 per year for each of the next 10 years. Incremental direct costs to the entire company associated with producing and selling the NOVID-19 are estimated to be $5,500,000 per year for each of the next 10 years. Powaline Products' marginal tax rate is 40%. Powaline Products' weighted average cost of capital (WACC) is 12%. Based on the information provided above, what is the annual operating net cash flow for year 2 (i.e., CF2) for this project