Question 3. United Pigpen is considering a proposal to many make use of an existing warehouse which is c year s rental charge on the warehouse is $100,0 0 year. In addition to using the warehouse the equipment of $1.2 million. Depreciation is $12 project after eight years and to resell the plant an project requires an initial (t=0) investment in w capital is forecasted to be 10% of sales in each feed are expected to be $4.2 million and thereat Manufacturing costs are expected to be 90% of of capital is 12%. What is the NPV of Piecen's project