A project requires an initial investment of $10,000, straight-line depreciable to zero over 4 years. The discount rate is 10%. Your tax bracket is 34% and you receive a tax credit for negative earnings in the year in which the loss occurs. Additional information for variables with forecast error are shown below.

Unit Sales $3,000

Price/unit $14

Variable cost/unit $9

Fixed costs $9,000

What is the NPV?

Please show work and equation used.