A new project has expected annual net cash flows of $330,000 with a standard deviation of $340,000. The distribution of annual net cash flows is approximately normal. Use Table V to answer the questions. Round your answers to two decimal places.

1. What is the probability of the project having negative annual net cash flows?

   _________%

2. What is the probability that annual net cash flows will be greater than $480,000?

   __________ %