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

Year.... Cash Flow

0.... $ 28,800

1.... 12,800

2.... 15,800

3.... 11,800

What is the NPV for the project if the required return is 10 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

What is the NPV for the project if the required return is 26 percent? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)