For the given cash flows, suppose the firm uses the NPV decision rule.

Year	Cash Flow
0	$	146,000
1		70,000
2		69,000
3		53,000

Requirement 1:

At a required return of 11 percent, what is the NPV of the project? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

NPV

$

Requirement 2:

At a required return of 22 percent, what is the NPV of the project? (Do not round intermediate calculations. A negative amount should be indicated by a minus sign. Round your answer to 2 decimal places (e.g., 32.16).)

NPV

$