Compute the NPV for Project K if the appropriate cost of capital is 6 percent. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your final answer to 2 decimal places.) Project K

Time: 0 1 2 3 4 5

Cash flow $11,200 $5,600 $6,600 $6,600 $5,600 $11,200

NPV = ? $