Would like to know how to get the answer. Thank you

c. $28,663 d. $30,464 e. $31,710 (3 points) 3. Justin is evaluating a project that is expected to produce cash flows of $5,000 each year for the next 4 years and $8,000 each year for the following 2 years. The IRR of this 6-year project is 9.75 percent. If the firm's cost of capital is 8 percent, what is the project's NPV? a. $1,375 b. $1,401 c. $1,440 d. $1,487 e. $1,509