Perform a financial analysis for a project. Assume that the projected costs and benefits for this project are spread over four years as follows:

Estimated costs are $300,000 in Year 1 and$ 65,000 each year in Years 2, 3, and 4.

Estimated benefits are $0 in Year 1 and$120,000each year in Years 2, 3, and 4.

Use a10percent discount rate, and round the discount factors to two decimal places.

What is the Net Present Value (NPV)?

Show your work including a table to show how you came up with your final result.