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Project A has an initial outlay cost of $10,000. The project has cash inflow as follows for the next six years: Year 1 =$ 3,000,

Project A has an initial outlay cost of $10,000. The project has cash inflow as follows for the next six years: Year 1 =$ 3,000, year 2= $4,000, year 3 = $6,000,

year 4 ($2,000), year 5 = ($1,000), year 6 = $9,000. The project has a cost of capital to be 10%. What is the net present value of the project?

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