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

Cash Flows, $
C0	C1	C2
+4,500	+4,500	10,700

a.	The internal rate of return is 12%. If the opportunity cost of capital is 10%, what is the NPV of the project? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.)

NPV

$