Simon is considering a new 4-year expansion project that requires an investment of $3 million for new equipment. It will cost an additional $100,000 to deliver and install the equipment. The equipment will be depreciated straight-line to zero over 4 years, after which, it will have a salvage value of $420,000. The project requires an initial investment of $330,000 in NOWC, 100% of which will be recovered at the end of the project. It will generate $1,950,000 in annual sales, with annual costs of $930,000. The tax rate is 30% and the required return (i.e. the WACC) is 8%. Compute the project's operating cash flow (OCF). Round your answer to two decimals (e.g. 846.07).

4B. Determine the after-tax salvage value of the equipment. Round your answer to two decimals (e.g. 846.07).

4C. Find the project's net present value (NPV). Round your answer to two decimals (e.g. 846.07).

4D. What is the project's internal rate of return (IRR)? Round your answer to three decimals (e.g. 0.074 or 7.4%).

4E. Find the project's payback period. Round your answer to two decimals (e.g. 846.07).