A firm has a target debt-equity ratio of 0.5 . The cost of debt is 6.0% and the cost of equity is 14.5%. The company has a 34% tax rate A project has an initial cost of $70,000 and an annuat after-tax cash flow of $22,000 for 6 years. There is no salvage value or net working capital requirement What is the net present value of the project using the WACC? NE: Keep at least 4 decimal places for INTERMEDLATE CALCULATIONS. Enter your FiNAL. ANSWER to TWO decimal places. Do NOT include a $ sign Numeric Response