Crisps has received an order for14500bags of potato chips from BigBag. Crisps views BigBag to be a long-term customer and believes they will continue to place the same order year after year forever. Crisps sells its large bags of potato chips for $2.25each, and calculates its internal cost for the product at $0.95each.

Market research estimates that there is a37% chance that BigBag will pay in full what it owes. Crisps uses a discount rate of6.45% for all NPV analysis.

Based on this information, calculate the NPV of this credit decision?