$4.$ Action Ltd has been offered a $6-$year contract to supply parts to a large manufacturer. The project has the following parameters:

Cost of special equipment $$1,100,000$

Working capital required $ $150,000$

Equipment maintenance in $2$ years $ $80,000$

Salvage value of equipment in $6$ years $ $600,000$

Assuming that annual cash inflows are estimated to be $$200,000$ per year, and the company$$s discount rate is $10\%.$ What will the Net Present Value of the project be$?$

$-$$$22,080$

$-$$$106,680$

$$44,000$

$$109,400$

$$470,000$