Company X has the following information on an investment proposal: Cost of the investment Annual cash savings Estimated residual value Life of the project Discount rate $130,000 $24,000 $10,000 10 years 12% What is the net present value of the project? Ignore income tax effects. Enter your answer as either a positive or negative number rounded to the nearest dollar, do not include a dollar sign. Present Value of $1 Periods 10% 12% 14% 16% 1 0.909 0.893 0.877 0.862 2 0.826 0.797 0.769 0.743 3 0.751 0.712 0.675 0.641 0.683 0.636 0.592 0.552 5 0.621 0.567 0.519 0.476 6 0.564 0.507 0.456 0.410 7 0.513 0.452 0.400 0.354