What is the Net Present Value of the following cash flows which represent expected benefits from opening a small ice cream business part time. You are expecting a return of 20%, and you must invest $60,000 at the start. Fill in the chart below. Determine the IRR using Excel. Interpret the results in view of your expectations for this project.

PV Year | Cash Flow T 1 5,000 9,000 10,000 10,000 12,000 14,000 7 101,500 Present Value NPV (Est IRR) 6