Cooper Electronics uses NPV profiles to visually evaluate competing projects. Key data for the two projects under consideration are given in the following table: Using these data, graph, on the same set of axes, the NPV profiles for each project using discount rates of 0%, 8%, and the IRR.

Initial investment $30,000 $25,000 Year Operating cash inflows 1 $7,000 $6,000 2 $10,000 $9,000 3 $12,000 $9,000 4 $10,000 $8,000