($ thousands) Period 2 -13, 100 -1,534 2,997 -13, 189 -1,278 2,981 3,399 (sum of PVs) Net cash flow Present value at 20% Net present value 6,373 3,688 10,584 5,104 19,035 4,033 6 5,897 1,945 3,319 926 Restate the above net cash flows in real terms. Discount the restated cash flows at a real discount rate. Assume a 20% nominal rate and 10% expected inflation. NPV should be unchanged at +3,399, or $3,399,000 (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.) Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Real Net Cash Flows Year 0 0 $ 3,399 NPV