Investment appraisal Kaplan 75

This is a question from kaplan revision kit. A company is considering investing in a two?year project. Machine set?up costs will be $125,000, payable immediately. Working capital of $4,000 is required at the beginning of the contract and will be released at the end. Given a cost of capital of 10%, what is the minimum acceptable contract price (to the nearest thousand dollar) to be received at the end of the contract? This is the answer: PV of contract price should just cover the PV of the project costs to be acceptable. Time Flow DF@10% PV 0 (125,000) 1 (125,000) 0 (4,000) 1 (4,000) 2 4,000 0.826 3,304 ––––––– 125,696 ––––––– Therefore, contract price @ time 2 × 0.826 = 125,696 Price = 125,696/0.826 = $152,174 or $152,000 to the nearest $000. I don't understand why they are again dividing the Total PV by 0.826 to find the contract price