A project has estimated annual net cash flows of $6,250 for eight years and is estimated to cost $32,500. Assume a minimum acceptable rate of return of 15%. Use the Present Value of an Annuity of $1 at Compound Interest table below. Present Value of Determine (a) the net present vatue of the project and (b) the rrestincystun indec if requifed, hse the minus sign to indicate a negative net piesent value