Compute the NPV statistic for Project K if the appropriate cost of capital is 6 percent.

Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.

Project K

Time:	0	1	2	3	4	5
Cash flow:	$10,300	$5,150	$6,150	$6,150	$5,150	$10,300