Assume an individual makes a lump sum investment at the beginning of year one of $15,857, the present value of which is $15,857. The investor's discount rate, for an alternative safe investment, is 9.81 percent after tax. The expected return on this investment (received at each year-end) is as follows. Year 1: 1,045 Year 2: 16,015 Year 3: 12,261 Year 4: 10.106 Year 5: 4,709 What is the net present value of the investment under consideration? Round the answer to two decimal places