I need help with number #3. I was getting$18521 but apparently that's wrong.

Merrill Corp . has the following information available about a potential capital investment . Initial investment 1, 000 , Annual net income 100, 000 Expected life* 8 years Salvage value $ 110,000 Merrill's cost of capital 7%0 Assume straight line depreciation method is used . Required :" 1 . Calculate the project's net present value . ( Future Value of $1 . Present Value of $ 1 . Future Value Annuity of $1 . Present Value Annuity of $1. ) ( Use appropriate factor's " from* DO not round intermediate calculations . Round the final answer to nearest whole dollar ! Net Present Value $ 325. 458:let Present Value $ 325. 458: \\1 0 0 0 0 0101010 0 0 0 0^ 2. Without making any calculations , determine whether the internal rate of return ( 1RR ) is more or less than 7 percent . @) Greater than 7 Percent O Less than 7 Percent 3 . Calculate the net present value using a 14 percent discount rate . ( Future Value of $ 1 . Present Value of $1 . Future Value Annuity of $1 . Present Value Annuity Of $1 . ) ( Use appropriate factor ( s ) from the tables provided . Do not round intermediate calculations . Round the final answer to nearest whole dollar . ) Net Present Value 4 . Without making any calculations , determine whether the internal rate of return ( 1 RR ) is more or less than 14 percent . . More than 14 percent ( Less than 14 percent O Equal to 14 percent