For the given cash flows, suppose firm uses the NPV decision rule. Year Cash Flow 0 –$ 146,000 1 70,000 2 69,000 3 53,000 ----------------------------------------------

Requirement 1: At a required return of 11 percent, what is the NPV of the project? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) NPV $ Requirement 2: At a required return of 22 percent, what is the NPV of the project? (Do not round intermediate calculations. A negative amount should be indicated by a minus sign. Round your answer to 2 decimal places (e.g., 32.16).) NPV $