An investment that costs $80,000 will return $37,000 per year for 8 years. Determine the net present value of the investment if the required rate of return is 8 percent. (Ignore taxes.) (Round present value factor calculations to 4 decimal places, e.g. 1.2151 and final answer to 0 decimal places, e.g. 125.Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)