Casey’s Baseball Bats is planning to export their product to the Asian market. They estimate up-front expenses of $1 million this year (year 0) and $3 million next year (year 1). Operating cash flows in years two, three, and four will be (in dollars) $100,000, $200,000, and $400,000, respectively. After year four, they expect operating cash flows to grow at 10 percent a year indefinitely. If 15 percent is the required return on the project, what is its NPV?