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Organic Farms is considering an investment in a new irrigation system that will cost $65,000 and last for four years. The firm's cost of capital,

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Organic Farms is considering an investment in a new irrigation system that will cost $65,000 and last for four years. The firm's cost of capital, appropriate for this project, is 8.00% per year. The incremental free cash flows for the irrigation project are as follows: Year Free Cash Flows 0 -$65,000 20,300 2 20,300 3 20,300 4 20,300 Compute the NPV for the project. Round your answer to the nearest penny. For example, $2,371.243 should be entered as 2371.24

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