Use Case 16 information and Exhibit 16.1. Compute the NPV for Project 2. Round to nearest cents. EX | Projects' Free Cash Flows (dollars in thousands) 330 280 300 60 395 432 280 70 330 280 Project number: 2 4 5 6 7 8 Initial investment $(2,000) $(2,000) $(2,000) $12,000) $(2,000) $(2,000) $(2,000) $(2,000) Year $ 330 $1,666 $ 160 $ 280 $2,200* $ 1,200 $ (350) 334 200 280 900* (60) 330 165 350 330 280 350 330 700 330 440 280 1,200 442 280 $2,250 $1,000 444 280 446 448 280 450 280 451 280 451 280 452 280 15 $10,000* $(2,000) $ 280 Sum of cash flow benefits $3,310 $2,165 $10,000 $3,561 $4,200 $2,200 $2,560 $4,150 Excess of cash flow over initial investment $ 1,310 $ 165 $8,000 $1,561 $2,200 $ 200 $ 560 $ 2,150 *Indicates year in which payback was accomplished