A company recently purchased a delivery truck. The initial cash outflow for the new truck is $30,000, and it is expected to generate after-tax cash flows of $8,500 per year. The truck as a 5-year expected life. The expected year-end abandonment values for the truck are given below. The company's WACC is 11%.

Year After-tax CF Abandonment Value

0 -$30,000

1 8,500 24,700

2 8,500 17,500

3 8,500 15,250

4 8,500 6,500

5 8,500 0

What is the NPV of the truck at its optimal economic life? Round final answer to the nearest whole number. Include the $ and comma if needed.

PLEASE WRITE OUT STEPS