The table below offers EBIT for a potential capital investment for Fake Company Epsilon (FCE). The bullet items provide additional information. What is this project's NPV? The initial investment is $4,000. Depreciation is straight line over four years. An additional $350 in net working capital is needed right now, but this is 100% recoverable at the end of Year 4. The company's WACC is estimated at 12.0%. Company analysts estimate cash flow from salvage will be $1,200. Company analysts also estimate erosion costs of $500 in Year 1. The company's tax rate is 32.0%. YEAR YEAR YEAR 3 YEAR 4 2 1 EBIT $300 $750 $1,265 $1,650 Enter your number as a regular dollar amount rounded to the nearest dollar. If it is a negative number, use a minus sign. Do not enter dollar signs, percentage signs, or commas For example, if you calculated $1,602.74, you will enter 1603. Or if you calculated $(942.29), you will enter -942