Carland, Inc., has a project available with the following cash flows. If the required return for the project is 9.9 percent, what is the project's NPV?

Year 0: Cash Flow = −$278,000
Year 1: Cash Flow = $90,300
Year 2: Cash Flow = $112,400
Year 3: Cash Flow = $127,800
Year 4: Cash Flow = $78,900
Year 5: Cash Flow = -$14,000