Wright Company, which has a cost of capital of 12%, is considering the following project: Year Cash flow of project 0 $16.000) $3,000 $2,400 $2 100 Using the table below, calculate the net present value of the proposed project to the nearest dollar. RATE PER PERIOD d 3 1 2 5.00% 6.00% 7.005 3.00% 9.00% 10.00% 11.00% 12.00% 0.95238 0.94340 093458 0.92593 0.91743 0.90909090090 089286 0.90703 0.39000 0.87346 0.85734 0.84165 0.826545 0.37182 0.79719 0.88384 0.83952 0.81630 0.79383 0.77218 0 751310 7311901178 0822700.792090.76290 0.73503 0708430.68301 0.65873 0 63552 6.70353 0.74720 0.712090 680580649930520920593450.5674) 3 4 5 Wright Company, which has a cost of capital of 12%, is considering the following project: Year Cash flow of project 0 $16.000) $3,000 $2,400 $2 100 Using the table below, calculate the net present value of the proposed project to the nearest dollar. RATE PER PERIOD d 3 1 2 5.00% 6.00% 7.005 3.00% 9.00% 10.00% 11.00% 12.00% 0.95238 0.94340 093458 0.92593 0.91743 0.90909090090 089286 0.90703 0.39000 0.87346 0.85734 0.84165 0.826545 0.37182 0.79719 0.88384 0.83952 0.81630 0.79383 0.77218 0 751310 7311901178 0822700.792090.76290 0.73503 0708430.68301 0.65873 0 63552 6.70353 0.74720 0.712090 680580649930520920593450.5674) 3 4 5