Question: Please show formula and calculations, excel not allowed. A project has annual cash flows of $7,000 for the next 10 years and then $8,500 each

Please show formula and calculations, excel not allowed.

A project has annual cash flows of $7,000 for the next 10 years and then $8,500 each year for the following 10 years. The IRR of this 20-year project is 13.46%. If the firm's WACC is 10%, what is the project's NPV? Do not round intermediate calculations. Round your answer to the nearest cent.

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