Question 24 Below is a table for the present value of $1: Year 6% 10% 12% 1 .943 .909 .893 2 -890 .826 797 3 840 751 .712 4 1792 683 636 5 .747 .621 .567 Below is a table for the present value of an annuity of $1: Year 6% 10% 12% 1 .943 .909 .893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 You are considering a capital project that requires an initial investment of $40,000, has predicted cash inflows of $15.000 per year for four years, and a salvage value of $5,000. Using the tables above, calculate the project's net present value at a discount rate of 12 percent