The Matterhorn Corporation is trying to choose between the following two mutually exclusive design projects:

Year	Cash Flow (I)			Cash Flow (II)
0	$	-79,000		$	-37,000
1		30,500			12,500
2		39,000			26,500
3		45,000			20,500

If the required return is 13 percent, what is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

	Net present value
Project I	$	______________
Project II	$_______