Growth Enterprises believes its latest project, which will cost $$80,000$ to install, will generate a perpetual growing stream of cash flows. Cash flow at the end of the first year will be $$6,000,$ and cash flows in future years are expected to grow indefinitely at an annual rate of $5\%.$

a$.$ If the discount rate for this project is $10\%,$ what is the project NPV$?$

Note: Do not round intermediate calculations.

Answer is complete and correct.

$\backslash$table$[[$NPV$,$$$0,000$