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: $012345$

Cash flow: $$$$11,500$ $$5,750$ $$6,750$$$6,750$ $$5,750$$$14,500$