A project will have an initial cost of $6,400, and will produce cash flows of $2,750, each year for 3 years. The project will be shut down and the remaining assets will be sold at the end of year 4 for $2,800. Assume the sale proceeds are after tax. What is the net present value of this project if the required rate of return is 15.5%? (Round your answer to the nearest whole dollar.)

1.) What is the cash flow for time 0? (Round your answer to the nearest whole dollar.)

2.)Continued with the previous question, what is the cash flow for year 1? (Round your answer to the nearest whole dollar.)

3.) Continued with the previous question, what is the cash flow for year 2? (Round your answer to the nearest whole dollar.)

4.) Continued with the previous question, what is the cash flow for year 3? (Round your answer to the nearest whole dollar.)

5.) What is the NPV of the project? (Round your answer to the nearest whole dollar.)

6.) Should you accept the project?