Andronicus Corporation has the following jumbled information about an investment

proposal:

a$.$ Revenues in each of years $1-4=$$$23,000$

b$.$ Year $O$ initial investment $=$$$43,000$

c$.$ Inventory level $=$$$11,500$ in year $1,$$$12,300$ in year $2,$ and $$6,500$ in year $3$

d$.$ Production costs $=$$$7,900$ in each of years $1-4$

e$.$ Salvage value $=$$$12,300$ in year $4$

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

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

h$.$ Customers pay with a $6-$month lag

Draw up a set of cash flow forecasts as in Table $6\mathrm{.}4.$ If the cost of capital is $8\%,$ what

is the project's NPV$?$ Assume that, if the project generates losses, those losses can

be used to offset profits elsewhere in the business.

Note: Do not round your intermediate calculations. Round your final answer to the

nearest whole dollar amount.

NPV