Consideration is being given to the purchase of a new asset costing $50,000, with a useful life of 10 years, and a salvage value of $10,000 at the end of 10 years. For the 10-year period, annual cash revenues are projected to increase by $19,000 per year with related annual cash expenses of $10,000 per year. The project would be depreciated using the straight line method. The company's cost of capital is 14%. The tax rate is 30%. Compute the NPV of this purchase decision: $