![](https://cos-cdn.shuashuati.com/pipixue-wap/2020-1230-1107-56/ti_inject-812ce.png)
A 3-year project requires an initial cash outlay of $10,000. During the operation, it can generate net cash inflow of $2000, $5,000 and $6,000 respectively in the following three years.Assume the cash flows occur at the end of the each period. The company requires a rate of return of 10%. How much is the net present value of this project?