Annualized NPV

Your firm is considering a number of mutually exclusive choices for a property that you recently acquired. The following are the projected cash flows for one of the

projects over its seven$-$year life.

If the appropriate discount rate is $12\%,$ what is the annualized Net Present Value for this option? $($Do not round intermediate calculations and enter your answer in

dollars with no decimal places, e$.$g$.,24316.)$