Barny Stinson Entertainment Inc. is bringing LaserTag to Lowell as a competitive sport. The discount rate is currently 11.6 % and Barney Stinson, CEO, is projecting the following costs, profits & losses:

In year 0 (now): Purchasing, equipment, supplies, a facility, and other startup costs will cost $80,000. In year 1 it is fairly certain the business will turn a profit of $41,000. In year 2, the marketing department is confident of a profit of $34,000. In years 3 and 4 it should show a profit of $16,000 per year.

State the present value of the expected profit (input number regularly) or loss (input number as a -xxx.xx) from the business in dollars and cents (do not use commas of the $ symbol).