1. A freight delivery service is considering buying a new fleet of trucking and equipment for $424335. The seller has estimated the potential cash flows that are in the table below. If the cost of capital is 14.18% what is the NPV of the new fleet?

   Year	Cash Flow
   1	71135
   3	81134
   5	109070
   2	150326
   4	-10953
   6	201491

B) You are working as Chief Financial Officer for your friend's start-up business. She has asked you to evaluate a project that costs $626131. The cash flows are in the table below. You estimate a required return of 14.49%. What is the payback period in years? (Enter 2 decimal places in your response.)

Year	Cash Flow
1	200000
2	200000
3	200000
4	37433