Net cash flow Present value at 18% Net present value ($ thousands) Period 1 - 13,800 -1,604 3,067 - 13,800 -1,359 2,203 4,118 (sum of PVs) 6,443 3,921 10,654 5,495 5 10,105 4,417 6 5,877 2,177 3,389 1,064 Restate the above net cash flows in real terms. Discount the restated cash flows at a real discount rate. Assume a 18% nominal rate and 12% expected Inflation. NPV should be unchanged at +4,118, or $4,118,000. (Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers in thousands rounded to the nearest whole number.) Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Real Net Cash Flows NPV