A project has the following cash flows. What is the Net Present Value (NPV) if the discount rate is 10%?

Cash Flows:

• Year 0: -$25,000
• Year 1: $5,000
• Year 2: $10,000
• Year 3: $15,000
• Year 4: $20,000

Requirements:

1. Calculate the NPV.
2. Determine if the project should be accepted based on NPV.
3. Identify the break-even point.
4. Assess the risk if the discount rate increases to 12%.