A new process is expected to generate sales of $100,000 in the first year, increasing by 15% each year for the following 3 years. Variable costs are expected to be 29% of sales. Fixed costs are expected to be $10,000 per year. Working capital is expected to be 20% of the next years sales. A fully-depreciated machine to produce our product is already in place in our plant and can be sold for $20,000 today. If the machine is used to make the products, it will be worthless in 4 years. The project will last 4 years. The interest rate is 12%. The tax rate is 42%. What is the NPV of this project?