2-41 The following table contains the recast for the net cash flow from a potential 1% interest in an oil and gas well. Assume the first "year" is 6 months long. Assume the cash is received at the end of each year. What is the sum of the discounted cash flows at 14%/annum interest compounded annually? The effective date of the study is Year 0. Year NCF 0 -1000 1 400 2 600 3 200 Ans: $12