A company is considering a 6-year project that would require an intial cash outflow in the amount of $100,000 at the beginning of project (i.e. t=0). The project has expected cash inflows in the amount of $28,000 at the end of each of the 6 years. The company requires a 11% return on investment. What is the NPV for this project?

Do not round intermediate calculations.Round the final answer to 2 decimal places.Omit any commas and the $ sign in your response.For example, an answer of$1,000.50 should be entered as 1000.50.