Unanswered Question 3 0/1 pts Consider the following information about a proposed project: Increased Sales Increased expenses Tax rate $5,000 per year $2,000 per year 29% The project costs $11,000 and will be depreciated on a straight line basis over a 7 year life. If the discount rate is 13%, what is the NPV of this project? Round your answer to 2 decimals, for example 100.12. You Answered Correct Answer 1,014.29