Brady is the financial advisor for his company and is considering the purchase of excavation equipment which will cost $$52,000.$

The purchase of this equipment is expected to save his company $$4,966$ at the end of every year for $12$ years.

At the end of the $12$ years, he expects the excavation equipment to have a residual $($inflow$)$ value of $$18,400.$ The company requires a $5\mathrm{.}6\%$ rate of return.

Round PV to the nearest cent. Round NPV to the nearest whole number.

What is the Net Present Value $($NPV$)$ of this equipment investment?

Cash Inflows

$\backslash$table$[[$Cash Inflows,Payments $($Savings$),$Residual $($Inflow$)],[\frac{P}{Y}=,,],[\frac{C}{Y}=,,],[N=,$$$,],[\frac{\text{I}}{Y}=,$$$,],[PV=,$$$,],[PMT=,$$$,],[FV=,,]]$