A project requires a $38,000 initial investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 $17,000 Year 2 $18,000 Year 3 $17,000 Assuming a discount rate of 11%, what is the net present value (rounded to the nearest whole dollar) of this investment? Selected present value factors for a single sum are shown in the table below. 1 - 119 1-114 n-2 1-119 0-3 0.9009 0.8116 0.7312