A project requires an initial investment today of $118,416.00. The project will last three years. However, the company believes that the risk involved with the project will increase over its life, so they would like a greater return for later cash flows. The table below shows the projected cash flows and the discount rates required for the project. Year 0 1 2 3 Cash flow $118,416.00 $48,542.00 $44,595.00 $47,023.00 Discount rate 9.00% 16.00% 17.00% What is the NPV of this project? Submit Answer format: Currency: Round to: 2 decimal places