Intro Consider a project with a 4-year life. The initial cost to set up the project is $1,200,000. This amount is to be linearly depreciated to zero over the life of the project. You expect to sell the equipment for $240,000 after 4 years. The project requires an initial investment in net working capital of $120,000, which will be recouped at the end of the project. You estimated sales of 51,000 units per year at a price of $164 each. The variable cost per unit is estimated to be $131.2 and fixed costs are $240,000 per year. You expect unit sales, prices, variable and fixed costs to be within 15% of your estimates. The required return is 12% and the tax rate is 34%. IB Attempt 1/10 for 10 pts. Part 1 What is the NPV in the base case? 0+ decimals Submit B Attempt 1/10 for 10 pts. Part 2 What is the NPV in the pessimistic case? 0+ decimals Submit Part 3 IB Attempt 1/10 for 10 pts. What is the NPV in the optimistic case? 0+ decimals Submit