Stone Inc. is evaluating a project with an initial cost of $$10,500.$ Cash inflows are expected

to be $$13,000$ in the next year. If the discount rate is $10\%,$ what is the net present value of

the project?

Select one:

More than $$1000$

Between $$0$ and $$400$

Less than $$0$

Between $$400$ and $$800$