A six-year construction project is projected to have net cash inflows of $15,600; $15,200; $15,350 $15,650; $14,000; and $15,000 over the next six years. The project will have an initial cost of $25,000 to implement the project and after the sixth-year obsolete equipment will be sold at $12,000. Calculate the present value (NPV) of the investment if the discount rate is 16%. Show all work on a separate sheet of paper