A company is trying to determine whether to expand its business by building a new manufacturing plant. The initial cash outflow for the project will be $14,600. The required return is 11 percent. The new plant will generate cash inflows over four years. These cash inflows will be $3,900 for the first year, S5,000 for the second year. $6.400 for the third year, and $7,800 for the fourth year. What is the net present value? Enter your answer as dollars with 2 digits to the right of the decimal point in the box shown below