YVCF is in the process of assessing the attractiveness of a new project. The project has an estimated life of four years. Revenues, costs and investments are as follows:

YVCF is in the process of assessing the attractiveness of a new project. The project has an estimated life of four years. Revenues, costs and investments are as follows:

• Sales = 75,000 units/year, starting in year 1. No growth is expected.

• Per unit price: $200

• Up-front capital expenditure for new equipment = $3,200,000

• Sales, General and Administrative costs (per year) = $1,500,000

• Cost of production per unit = $100

What are the revenues (in dollars) in year 1?