Sway's Back Store is considering a project which will require the purchase of $1.5 million in new equipment. The equipment will be depreciated straight-line to a book valueof $0.5 millionover the 5-year life of the project. Annual sales from this project are estimated at $950,000. The variable cost is 40% of the annual sales and there is an annual fixed cost of $100,000. Sway's Back Store will sell the equipment at the end of the project fora salvage value of $0.7 mil.Additionalnet working capital equal to$0.4 milto support the project.All ofthe new net working capital will be recouped at the end of the project. The firm desires a minimal 10% rate of return on this project. The tax rate is 40%.You can use the following tables to construct the cash flows necessary for the NPV calculation.

D.) what is the Project's NPV

E.)