Brian Industries has a project expecting to generate the following cash flows: $15,000 in the first 3 years of the project and $20,000 in the fourth year. Additionally, the project requires land reclamation at end of the project in year 5 of $25,000 (cash outlay). The project requires an initial investment of $10,000. Using a discount rate of 8%, what is the NPV of the project? Calculate the PI.