A video game company develops a new game over two years. This costs $820,000 per year, with one payment made immediately & the other at the end of two years. When the game is released, it is expected to generate cash flows of $1.30 million per year for three years, paid at the end of years 3, 4,& 5. What is the net present value (NPV) of this opportunity if the cost of capital is 8.5%? Payment 820 Cash Flow 1,300