A project will produce an operating cash flow of $$27,000$ a year for $3$ years. The

initial fixed asset investment in the project will be $$55,000.$ The net after$-$tax

salvage value is estimated at $$15,000$ and will be received during the last year of

the project's life $($i$.$e$.3$ years$).$ The net working capital is not affected by this

project. What is the net present value of the project if the required rate of return

is $15$ percent?