During project selection, an organization relies on net present value (NPV). Please calculate the NPV of the following project: . The proposed project is going to start in t=1 . At the beginning of the year, new software licenses are bought for 22k EUR . In the following years, costs and benefits look as follows (in k EUR): Period (t) 1 2 3 4 5 Costst 46 99 170 0 Benefits, 3 27 57 8389 . The project will end with t=5 . The organization calculates with a required rate of return of k=14%