DIY Inc. invests in a project that requires a $109,595 machine. The machines has a CCA rate of 0.25 and a salvage value of $30,440 at the end of 6 years. The project will generate before-tax incomes of $20,766 per year for 6 years. DIY borrows $40,669 at 0.06 for 6 years. If the tax rate is 0.3 and the cost of equity is 0.12, calculate the NPV using the FTE approach.