A project has estimated annual net cash flows of $15,000 for two years and is estimated to cost $47,500. Assume a minimum acceptable rate of return of 12%. Use the Present value of an Annuity of $1 at Compound Interest table below. Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 12% 15% 20% 0.943 0.909 0.893 0.870 0.833 1.833 1.736 1.690 1.626 1.528 2.673 2.487 2.402 2.283 2.106 3.465 3.170 3.037 2.855 2.589 4.212 3.791 3.605 3.352 2.991 4.917 4.355 4.111 3.784 3.326 5.582 4.868 4.564. 4.160 3.605 6.210 5.335 4.968 4.487 3.837 6.802 5.759 5.328 4.772 4.031 7.360 6.145 5.650 5.019 4.192 10 Determine (1) the net present value of the project (if required, round to the nearest dollar) and (2 the present value i (rounded to two decima places). If required, use the minus sign to indicate a negative net present value. (1) Net present value of the project (2) Present value index