NPV Analysis. Kim Corporation invested in a 4-year project. Kim’s cost of capital is 8 percent. Additional information on the project follows: Year       After-Tax Cash Inflow    Present Value of $1...

NPV Analysis. Kim Corporation invested in a 4-year project. Kim’s cost of capital is 8 percent. Additional information on the project follows:

Year       After-Tax Cash Inflow    Present Value of $1 at 8%

1              $2,000                                   0.926

2              $2,200                                  0.857

3              $2,400                                   0.794

4              $2,600                                   0.735

Assuming an NPV of $700, what was the initial investment?