A project manager is using the net present value method to make the final decision on which project to undertake. The company has a 12% required rate of return and expects a 3% rate of inflation for the following four years. What is the NPV of a project that has cash flows as shown in the table? Year Cash Flow 10 1 12 13 $250,000 $50,000 $60,000 $70,000 $80,000 -$69,387 -$98,780 -$9,762 O-$56,859 Question 22 of 30

\begin{tabular}{|c|c|} \hline yos & Basticher \\ \hline 13 & \\ \hline fis & sin000 \\ \hline 5 & 1000 \\ \hline 5 & \\ \hline 8 & \\ \hline \multicolumn{2}{|c|}{ O kngar } \\ \hline \\ \hline \\ \hline \multicolumn{2}{|c|}{ O s 50.050} \\ \hline \end{tabular}