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2. A project requires an initial outlay of -$822,000. Expected cash flows in each of the next three years are $233,000; $253,000; and $240,000. The
2. A project requires an initial outlay of -$822,000. Expected cash flows in each of the next three years are $233,000; $253,000; and $240,000. The firm must also incur a $63,000 cash outflow in year 4 to clean up project waste. If the cost of capital is 11%, what is the project's NPV? Round your answer to the nearest penny. Be sure you enter a negative sign (-) if your answer is a negative number. A project requires an initial outlay of -$822,000. Expected cash flows in each of the next three years are $233,000; $253,000; and $240,000. The firm must also incur a $63,000 cash outflow in year 4 to clean up project waste. If the cost of
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