A new washer costs $9,000. The old one is fully depreciated and can be sold for $2,000. The new washer will last 5 years and save $5,000 per year in expenses. The new washer will be depreciated on a straight line basis to zero. The tax rate is 28% and the required return is 11%. What is the NPV of this project? Answer to 2 decimals places, for example 543.12.