We are evaluating a project that costs $888,000, has an 12-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 145,000 units per year. Price per unit is $36, variable cost per unit is $24, and fixed costs are $896,880 per year. The tax rate is 36 percent, and we require a 15 percent return on this project.

Suppose the projections given for price, quantity, variable costs, and fixed costs are all accurate to within +/-11 percent. The best-case NPV is $ . . . and worst-case NPV is $ . . .