For the next four questions, consider the following setting:

A project is expected to take $2$ years to complete, with the

first year costing $$60,000$ and the second year costing

$$80,000.$ Assume that these costs are incurred at the

beginning of the respective years. Once completed $($at the

end of $2$ nd year$),$ the project is expected to generate a

revenue stream of $$50,000$ per year for the next $5$ years

$($i$.$e$.,$ from year $3$ thru year $7$ inclusive$).$ Assume that these

revenues are realized at the end of the respective years.

Question $6$

If the discount rate of $10\%$ is used, what is the net present

value of the project? Round it to nearest integer, for

instance, if the NPV is $2312\mathrm{.}34,$ then write down $2312.$