the fitness center is considering including a treadmill in this year's capital budget. the cash outlay for the treadmill is $1600. the firm's cost of capital is 7%. after-tax cash flows, including depreciation, are as shown in the table below. calculate the net present value (NPV) for this project. (step by step solution)

End of year	cash flow
1	$570
2	570
3	570
4	570
5	570