Also, what is the ITR and payback for this project?

Calculate the NPV for the following series of cash flow associated with a project being considered by Durfee's Dog Food Co.: initial investment year 0 of $22,000 (cash out) and then positive cash flows of $6,000 in year 1, $7,000 in year 2, $8,000 in year 3 and $6,000 in year 4. WACC for this project is 8%. Answer in dollars and cents rounded to the nearest penny: example 32.45