cisco solutions inc. is looking at a new project they consider to be a little riskier than their current operations. thus, management has decided to add an additonal $3\mathrm{.}5$ percent to their company's overall cost of capital when evaluating this project. the project has an intial cash outlay of $$30,000$ and projected cash inflows of $$12,000$ in year one, $$20,000$ in year two, and $$8,000$ in year three. the firm uses $40$ percent debt and $60$ percent common stock as their capital structure. the company's cost of equity is $14$ percent while the after$-$tax cost of debt for the firm is $7$ percent. what is the projected net present value of the new project?