A project is expected to sell one million units initially at a price per unit of $18.50 and a cost per unit of $8.50 Units sold will increase by 10% each year over the project's 3 year life. Inventory each year will be equal to 20% of the next year's forecasted sales, and accounts payable will be equal to 15% of cost of good sold in the current year. If the cost of capital is 12%, then what is the present value of the project's changes in net working capital over the life of the project? -$7,548,409 $926 412 $926,412 $7,548,409 $0