A project requires a $7,310 outflow and provides 5 annual cash flows of $2,200. Assume a cost of capital of 7.7% and find the net present value (NPV). The net present value is $. (Round to the nearest cent.) Suppose you're presented with a proposal for a project that costs $4,200 and will bring in $20,600 the first year. The next year, you'll have to pay out $15,500. With a cost of capital of 12%, calculate the net present value (NPV) for this project. The NPV of the project is $. (Round to the nearest cent.)