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

Year Cash Flow

0 $ 164,000

1 52,000

2 87,000

3 71,000

Requirement 1:

At a required return of 8 percent, what is the NPV of the project? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Requirement 2:

At a required return of 18 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).)