Question: Project Z has an initial outlay of $13,000 and generates positive cash flows in years 1, 2, 3 and 4 of $4,661, $4,774, $4,285, and $2,750 respectively. Using a discount rate of 11.3%, what is the net present value (NPV) of this project? Show your answer to the nearest dollar and if it is negative, be sure to include the negative sign.