Net Present Value A project has estimated annual net cash flows of $$11,250$ for one years and is estimated to cost $$42,500.$ Assume a minimum acceptable rate of return of $10\%.$ Use the Present Value of an Annuity of $$1$ at Compound Interest table below. Present Value of an Annuity of $$1$ at Compound InterestYear$6\%10\%12\%15\%20\%10\mathrm{.}9430\mathrm{.}9090\mathrm{.}8930\mathrm{.}8700\mathrm{.}83321\mathrm{.}8331\mathrm{.}7361\mathrm{.}6901\mathrm{.}6261\mathrm{.}52832\mathrm{.}6732\mathrm{.}4872\mathrm{.}4022\mathrm{.}2832\mathrm{.}10643\mathrm{.}4653\mathrm{.}1703\mathrm{.}0372\mathrm{.}8552\mathrm{.}58954\mathrm{.}2123\mathrm{.}7913\mathrm{.}6053\mathrm{.}3532\mathrm{.}99164\mathrm{.}9174\mathrm{.}3554\mathrm{.}1113\mathrm{.}7853\mathrm{.}32675\mathrm{.}5824\mathrm{.}8684\mathrm{.}5644\mathrm{.}1603\mathrm{.}60586\mathrm{.}2105\mathrm{.}3354\mathrm{.}9684\mathrm{.}4873\mathrm{.}83796\mathrm{.}8025\mathrm{.}7595\mathrm{.}3284\mathrm{.}7724\mathrm{.}031107\mathrm{.}3606\mathrm{.}1455\mathrm{.}6505\mathrm{.}0194\mathrm{.}192$ Determine $($a$)$ the net present value of the project and $($b$)$ the present value index. If required, use the minus sign to indicate a negative net present value. Net present value of the project $($round to the nearest dollar$)$$fill in the blank $1$Present value index $($rounded to two decimal places$)$fill in the blank $2$ Net Present Value

Determine $($a$)$ the net present value of the project and $($b$)$ the present value index. If required, use the minus sign to indicate a negative net present value.

Net present value of the project $($round to the nearest dollar$)$

Present value index $($rounded to two decimal places$)$