A project has estimated annual net cash flows of $225,000 for 8 years and is estimated to cost $800,000. Assume a minimum acceptable rate of return of 6%. Use the Presen Value of an Annuity of $1 at Compound Interest table below. Present Vale of an Annuitv of \$1 at Comnound Interest Net present value of the project (round to the nearest dollar) $ X Present value index (rounded to two decimal places)