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

Year Cash Flow

0 -$ 148,000

1 68,000

2 71,000

3 55,000

a.At a required return of 9 percent, what is the NPV of the project?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

b.At a required return of 20 percent, what is the NPV of the project?(A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

a. NPV?

b.NPV?