What is the first period cash flow for the following project if its initial cash flow is -$4,500,000 and it is expected to provide operating cash flows of $750,000 in year 2 and $3,000,000 in year 3 with an IRR of 10%?

answer choices

$842,727.27

$1,788,842.98

$162,622.09

$1,472,727.27