Tom is evaluating a project that costs $2,400,000, has a four-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 100,000 units per year, price per unit is $45, variable cost per unit is $20, and fixed costs are $1.5 million per year. The tax rate is 21%, and the required rate of return on the project is 9%.

Suppose the price, units, VC per unit, and FC projections are accurate within +/- 10%.

Calculate the best case NPV. (Round 2 decimals)

Calculate the worst-case NPV. (Round 2 decimals)