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A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows: Year Cash Flows

A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows:
Year Cash Flows
0-3,271
11,518
21,807
31,599
What is the NPV for the project if the required return is 11 percent? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g.,32.16))

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