Ironwood Charities is considering an investment in one of their buildings that is expected to return the following cash flows:

Year	Net Cash Flow
1	$15,000
2	$27,000
3	$43,000
4	$58,000
5	$48,000

This schedule includes all cash inflows from the project, which will also require an immediate $152,000 cash outlay. The organization is tax-exempt; therefore, taxes need not be considered.

Required:

What is the net present value of the project if the appropriate discount rate is 8 percent? Round the PV factor to 3 decimal places.

What is the net present value of the project if the appropriate discount rate is 4 percent? Round the PV factor to 3 decimal places.