QUESTION 3 A potential project involves an initial investment in machinery of $1,300,000 and has these operating annual cash inflows: Year 1 - $300,000 Year 2 - $250,000 Year 3 - $500,000 Year 4 - $640,000 The machinery will be sold for scrap at the end of year 4 for $150,000. Assume 7% Cost of Capital Required: Calculate the NPV for this project. Comment on your findings. (10 marks) TTT Arial 3(12pt) T.EE