Question: 12-2: Net Present Value (NPV) NPV Project K costs $35,000, its expected cash inflows are $11,000 per year for 9 years, and its WACC is

12-2: Net Present Value (NPV) NPV Project K costs $35,000, its

12-2: Net Present Value (NPV) NPV Project K costs $35,000, its expected cash inflows are $11,000 per year for 9 years, and its WACC is 12%. What is the project's NPV? Round your answer to the nearest cent.

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