sunland llc, a leveraged buyout specialist, recently bought a company and wants to determine the optimal time to sell it. The partner in charge of this investment has estimated the after tax cash flows from a sale at different times to be as follows: $500,000 if sold one year later; $1,000,000 if sold two years later; $1,100,000 if sold three years later; and $1,600,000 if sold four years later. The opportunity cost of capital is 12.0 percent. Calculate the NPV of each choice.

NPV1 $

NPV2 $

NPV3 $

NPV4 $