Alpha Inc. has a target debt-to-value ratio of 75. The pretax cost of debt is 8.5%, the tax rate is 20%, and the cost of assets is 12%. A project the firm is considering has a cash flow to shareholders of $75,000 per year for 4 years. The project requires an initial unborrowed cost of $187,000. What is the NPV of this project? (Please, do not round intermediate calculations. Provide your final answer rounded to 2 decimal places with no dollar symbol ($))