Cullumber Manufacturing is considering the purchase of a new sewing machine that costs $15200. The machine, because of its efficiency, will save about $3360 in cost each year. The machine is expected to have a salvage value of $2520 and a life of 6 years. Cullumbers required rate of return is 16%. Click here to view the factor table. Using the present value tables, what is the machines net present value? (round to the nearest dollar)