6. A corporation is considering purchasing a new plant asset. The asset will cost $30,000. The corporation requires a 9% return on similar investments. The corporation plans to use the asset for 4 years and then sell it for the salvage value. The estimated salvage value of the asset in 4 years is $4,000 (this amount is not included in the additional cash flows listed below). The corporation estimates that if purchased the new asset will provide the following additional net (assume the cash flows occur at the end of the year): Year 1 Year 2 Year 3 Year 4 $11,000 10,000 7,000 5,000 Calculate the net present value