A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows: Year Cash Flow 0 $ 28,000 1 12,000 2 15,000 3 11,000

What is the NPV of the project if the required return is 25%? (Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.)

NPV $