Please Show and explain steps

Estimated time allowance: 3-5 minutes. Chettan, Inc. is considering an two-year project that has an initial after-tax outlay or after-tax cost of $70,000. The future after-tax cash inflows from its project for year 1 is $40,000 and for year 2 is $60,000. Chettan uses the Net Present Value method (NPV) and has a discount rate of 10%. What is the NPV of this project? Click here if you would like to access the formula sheet for Chapter 9 For your answer, round to the nearest dollar, do not use (enter) the dollar sign, DO NOT use commas to separate thousands