The net present value (NPV) of a project can be defined as the present value of the cash inflows minus the present value of the cash outflows (initial outlay for the project in Year 0), where present values are calculated using the weighted average cost of capital (WACC) that is appropriate for the project. Assume that a project has the after-tax cash flows listed below and that the $20,000 needed to fund the project will be raised in equal amounts of debt and equity ($10,000 of each), where the after-tax cost of debt is 5 percent and the cost of equity is 12 percent. Given this data, calculate the NPV for this project