All interest rates are annually compounded unless stated otherwise. All bonds have a face value of $1000 unless stated otherwise

ZZZ inc. would like to implement a new project. It is estimated that the projects costs at t=0 will be $200,000 and during the next 7 years the project will generate the following cash flow: C1=$50,000; C2=$110,000; C3=$40,000; C4=$35,000; C5=$30,000; C6=$25,000; C7=$90,000. The cost of capital (discount rate) is 12%

Find the projects NPV