Problem: Suppose a firm is considering the following project, where all of the dollar figures are in thousands of dollars. In year 0 , the project requires an $11,350 investment in plant and equipment, is depreciated using the straight-line method over seven years, and has a salvage value of $1,400 in year 7 . The project is forecast to generate sales of 2,000 units in year 1 , rising to 7,400 units in year 5 , declining to 1,800 units in year 7 , and dropping to zero in year 8. The inflation rate is forecast to be 2.0% in year 1 , rising to 4.0% in year 5 , and then leveling off. The real cost of capital is forecast to be 11.0% in year 1 , rising to 12.2% in year 7 . The tax rate is forecast to be a constant 35.0%. Sales revenue per unit is forecast to be $9.70 in year 1 and then grow with inflation. Variable cost per unit is forecast to be $7.40 in year 1 and then grow with inflation. Cash fixed costs are forecast to be $5,280 in year 1 and then grow with inflation. What is the project's NPV