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Which is the correct cash flow diagram? A project requires an initial investment of $2,000,000. Construction lasts for a vear after which the project gains

Which is the correct cash flow diagram?

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A project requires an initial investment of $2,000,000. Construction lasts for a vear after which the project gains a constant annual revenue stream of $1,000,000. At the end of the fourth vear the project generates $500,000 extra revenue. The annual operation and maintenance expenses of $500,000 will start at the beginning of year 5 and last up to the beginning of vear 10. At the ver'jlr end of the10-vear project the used equipment can be sold for $1,000,000. What cash flow diagram represents this project? 0 Swanson ....... 51,500,000 ' '-""

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