Question Help (Related to Checkpoint 11.1) (Net present value calculation) Dowing Sportswear is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of $4,000,000 and would generate annual net cash flows of $1,200,000 per year for years. Calculate the projects Prquing a discount rate of 7 percent. if the discount rate is 7 percent, then the project's NPV $(Round to the nearest dolar)