Consider a project with the following cash flows:

Year t = 0 t =1 t = 2 t = 3 t = 4

??? $7,500 $12,500 $15,000 $17,500

The Payback Period of this project is 2.6 years. The appropriate discount rate is 13%. Find the Net Present Value of the project. (Note that the cash flow for t=0 is not provided to you that is, you must first solve for it).