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

Cash Flows ($) C_{0 4500 C1 4500 C2 -10,700}

a.The internal rate of return is 12.10%. If the opportunity cost of capital is 12%, what is the NPV of the project?(A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.)

NPV$