A company is considering switching from a cash$-$only policy to a net $30$ credit pollcy. The price per unit is $$500$ and the varlable cost per unit is $$380.$ The company currently sells $1,400$ units per month. Under the proposed pollcy,

the company expects to sell $1,500$ units per month. The monthly compounded APR Is $18\%.$ Calculate the NPV of this switch. Assume that there are $30$ days in one month. $($Do not round Intermediate calculatlons. Round the final

answer to $2$ decimal places. Omit any commas and the $ sign in your response. For example, an answer of $$1,000\mathrm{.}50$ should be entered as $1000\mathrm{.}50).$

Numeric Response