Restate the above net cash flows in real terms. Discount the restated cash flows at a real discount rate. Assume a $18\%$ nominal rate

and $12\%$ expected inflation. NPV should be unchanged at $+4,512,$ or $$4,512,000.$

Note: Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers in

thousands rounded to the nearest whole number.