You are offered the chance to participate in a project that produces the following cash flows:

C0 C1 C2

+$ 6,100 +$ 4,550 $ 13,200

The internal rate of return is 14.5%.

If the opportunity cost of capital is 13%, what is the net present value of the project?

Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.

NPV=

Will you accept the offer?