Andronicus Corporation $($AC$)$ has the following jumbled information about an investment proposal:

$4$ points

a$.$ Revenues in each of years $1-4=$$$39,000$

b$.$ Year $0$ initial investment $=$$$59,000$

c$.$ Inventory level $=$$$19,500$ in year $1,$$$21,900$ in year $2,$ and $$14,500$ in year $3$

d$.$ Production costs $=$$$12,700$ in each of years $1-4$

e$.$ Salvage value $=$$$13,900$ in year $4$

f$.$ Depreciation $=100\%$ immediate bonus depreciation

g$.$ Tax rate $=21\%$

h$.$ There is an additional $6-$month lag for all cash flows after year $0.$ For example, customers pay consistently with a $6-$month lag, as AC does for production costs, taxes, etc.

Draw up a set of cash flow forecasts as in Table $6\mathrm{.}4.$ If the cost of capital is $10\%,$ what is the project's NPV$?$ Assume that, if the project generates losses, those losses can be used to offset profits for tax purposes elsewhere in the business.

Note: Do not round your intermediate calculations. Round your final answer to the nearest whole dollar amount.

Answer is complete but not entirely correct.

$$12,136x$