Andronicus Corporation has the following jumbled information about an investment proposal:

1. Revenues in each of years 13 = $34,000
2. Year 0 initial investment = $54,000
3. Inventory level = $17,000 in year 1, $18,900 in year 2, and $12,000 in year 3
4. Production costs = $11,200 in each of years 13
5. Salvage value = $13,400 in year 4
6. Depreciation = 100% immediate bonus depreciation
7. Tax rate = 21%
8. Customers pay with a 6-month lag

Draw up a set of cash flow forecasts as in Table 6.4. If the cost of capital is 10%, what is the projects NPV? Assume that, if the project generates losses, those losses can be used to offset profits elsewhere in the business.