Please provide step by step explanation

The Albany Corporation is considering a project which requires an expenditure of $100,000 initially, at t = 0. It will then obtain additional revenues from sales of $150,000 per year for the next two years (t = 1 and t = 2) with expenses of $30,000 per year for operating costs and general expenses attributed to the project but not including the depreciation of the initial expenditure of the $100,000. The depreciation used is straigh-line with zero salvage, meaning an equal amount each year for the two-year life of the project. Albany's weighted average cost of capital is 8.43% and it is taxed at a 30% rate. What is the net present value for the project?