Mike estimates the cost of a fully car project to be $81,000 which would be paid in full at the beginning of the project. He estimates cash flows of $16,000, $69,000, and $89,000 at the end of years 2, 6, and 8 respectively. At the end of year 12 the car will need to be updated making the expected cashflow at the end of year 12 negative $138,000. Mike plans to operate the car for one more year and then sell it making the total cash flow at the end of year 13 $162,000. Assume the cost of capital is 20.30%.

Find the NPV of the project.