HW Part 1 of 3 1.58 of 6 points Points: 0 of 1 Save Axis Corp. is studying two mutually exclusive projects. Project Kelvin involves an overhaul of the existing system; it will cost $70,000 and generate cash inflows of $30,000 per year for the next 3 years. Project Thompson replaces the existing system; it will cost $265,000 and generate cash inflows of $65,000 per year for 6 years. Using a(n) 10.86% cost of capital, calculate each project's NPV, and make a recommendation based on your findings The NPV of project Kelvin is $ (Round to the nearest cent.)