average investment method

Ques –
The following information relates to an investment project which is being evaluated by the directors of Fence Co, a
listed company. The initial investment, payable at the start of the first year of operation, is $3.9m.
Year 1 2 3 4
Net operating cash flow ($’000) 1,200 1,500 1,600 1,580
Scrap value ($’000) 100
The directors believe that this investment project will increase shareholder wealth if it achieves a return on capital
employed greater than 15%. As a matter of policy, the directors require all investment projects to be evaluated
using both the payback and return on capital employed methods. Shareholders have recently criticised the directors
for using these investment appraisal methods, claiming that Fence Co ought to be using the academically preferred
net present value method.
The directors have a remuneration package which includes a financial reward for achieving an annual return on
capital employed greater than 15%. The remuneration package does not include a share option scheme.

Ques – Based on the average investment method, what is the return on capital employed of the investment
project?

I am not understanding how did they got 5,880( this is sum of operating flow) -3800 (i am not sure how did they come to this)?