We are evaluating a project that costs $806,000, has a life of eight years, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 136,000 units per year. Price per unit is $42, variable cost per unit is $21, and fixed costs are $818,090 per year. The tax rate is 23 percent, and we require a return of 19 percent on this project. The projections given for price, quantity, variable costs, and fixed costs are all accurate to within +/- 15 percent.

Calculate the best-case NPV.

Calculate the worst-case NPV.