PROJECT SCHEDULE PATAY2 CHIP PROJECT TIMING YEAR 4 YEAR 1 YEAR 2 YEAR 3 2ND PATAY2 CHIP 1ST 2ND 1ST 2ND IST 2ND IST HALF HALF HALF HALF Development HALF HALF HALF HALF Pilot Testing Debug Ramp-up Advance Marketing Marketing and Support Production and Sales Assume all cash flows occur at the end of each period. a. What is the net present value (at the discount rate of 10%) of this project? (Negative value should be indicated by a minus sign. Enter your answer in thousands of dollars. Round your answer to the nearest thousand.)