A two-year project has an initial investment of $37,855,580 and involves both a cash inflow and outflow. The cash inflow of $61,151,330 occurs at the end of year 1, while the cash outflow of $11,647,830 occurs at the end of year 2. The required rate of return is 13.3%. What is the NPV of the project? $6,876,794 $7,053,122 $7,229,450 $7,405,778 $7.582.106