Please help explain where $2,595,840 comes from under Year 2. Thank you for your help.

end of year two. What is your IRR? \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline \multirow[t]{4}{*}{ Cap Rate } & & \multicolumn{2}{|c|}{ Year 0} & \multicolumn{2}{|c|}{ Year 1} & \multicolumn{2}{|c|}{ Year 2} & \multicolumn{2}{|c|}{ Year 3} \\ \hline & 5% & $ & - & $ & 120,000 & $ & 124,800 & $ & 129,792 \\ \hline & & $ & (1,500,000) & $ & - & $ & 2,595,840 & & \\ \hline & & $ & (1,500,000) & $ & 120,000 & $ & 2,720,640 & & \\ \hline \end{tabular}