NPV of Monroe, INC project

Monroe, Inc., is evaluating a project. The company uses a 13.8 percent discount rate for this project. Cost and cash flows are shown in the table. What is the NPV of the project?

Year            Project

  0              ($11,368,000)

  1               $  2,127,590

  2               $  3,787,552

  3               $  3,150,650

  4               $  4,115,899

  5               $  4,556,424