York Bikes has come up with a new mountain bike prototype and wishes to commence pilot production and test marketing. The pilot production and test marketing phase will last for one year and cost E727392 now. Your management team believes that there is a 50% chance that the test marketing phase will be successful and that there will be sufficient demand for the new mountain bike if the test marketing phase is successful then the firm can invest E3500000 in year one to build a plant that wilt generate expected annual atter-tax cash flows of 489196 in perpetulty beginning in year two if the test marketing phase is not successful, then the firm can still go ahead and build the new plant, but the expected annuat after-tax cash flows would be only 300000 in perpetuity beginning in year two The firm has the option to sell the prototype mountain bike to a foreign competitor, mest year, for 318763. The firm's cost of capital is 9% per annum. Compute the NPV of the project