Net Present Value A project has estimated annual net cash flows of $6,250 for two years and is estimated to cost $40,000. Assume a minimum acceptable rate of return of 20%. Use the Present Value of an Annuity of $1 at Compound Interest table below. Present Value of an Annuity of $1 at Compound Interest Year 6% 10% 12% 159 209 1 0.943 0.909 0.893 0.870 0.833 2 1.833 1.736 1.690 1.528 1.626 2.203 3 2.673 2.487 2.402 2.106 4 3.465 3.037 2.055 2.589 3.170 3.791 5 4.212 4.912 3.605 4.111 3.353 3.785 6 4.355 2.991 3,326 3.605 7 S.582 4.868 4.564 4.160 8 6.210 5.335 4.968 4.487 3.837 9 6.802 5.759 5.328 4.772 4.031 10 7.360 6.145 5.650 5.019 4.192 Determine (1) the net present value of the project and (2) the present value Index. If required, use the minus sign to indicate a negative niet present Value