Pleaseuse the following table to answer subsequent questions. Assume $7\%$ cost of capital for both projects. $($Numbers in parenthesis means outflow$).$YearCash flow for Project XCash flow for Project$($$$32,000)($$$32,000)123\mathrm{.}00033,000244\mathrm{.}000(44\mathrm{.}000)(27\mathrm{.}000)52\mathrm{.}0003\mathrm{.}2.$What are the present values of outflows for project Y$?$ Please report absolute value with $2$ decimal places. NO & sign or comma