ASB is considering leasing a new machine. The lease calls for 9 payments of $1,191 per year with the first payment occurring immediately. The machine costs $8,754 to buy. The present value of CCA tax shield is $1,041. The present value of its salvage value is $495 and the present value of CCA recapture is $52. ASB firm can borrow at a rate of 10%. The corporate tax rate is 30%. What is the NPV of leasing?

(1) Keep at least 4 decimal places for all calculations.

(2) Round your final answers to 4 decimal places. For example, if your answer is -$1,234.56789, please enter -1234.5679.