Codiac Corp. currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30 days. The required return is 0.95% per month.

	Current Policy			New Policy
Price per unit	$	150		$	154
Cost per unit	$	130		$	133
Unit sales per month		1,550			1,580

Calculate the NPV of the decision to change credit policies. (Negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.)

NPV $