Cooper Electronics uses NPV profiles to visually evaluate competing projects. Key data for the two projects under consideration are given in the following table:

Terra Firma

Initial investment $29,000 $28,000

Year operating cash inflows

1 $10,000 $9,000

2 $10,000$7,000

3 $9,000 $10,000

4 $11,000 $12,000

Using these data, graph, on the same set of axes, the NPV profiles for each project using discount rates of 0%,8%,and the IRR.