A new machine cost $49,000. The machine will be depreciated on a straight-line basis over 5 years to a salvage value of $1,000. The machine will be sold 5 years from now for $12,000. The machine will provide 14,000 per year in savings for 5 years and will require net working capital investment of $3,000. The tax rate is 19% and the discount rate is 12%. Find the NPV of the project. Round your answer to the nearest dollar.