Question Completion Status: QUESTION 1 The following details are provided by Volvox Foundry Company: Initial investment $5,000,000 Discount rate 15% Yearly cash flows 1 $1,256,000 2 $1,362,000 3 $2,420,000 4 $1,150,000 PV of $1: 13% 14% 15% 1 0.885 0.877 0.87 2 0.783 0.769 0.756 3 0.693 0.675 0.658 4 0.613 0.592 0.572 What is the NPV of the project? $618,409 $(594,941) $(627,448) $590,000