Eco Corporation is considering a five year project to improve its production efficiency. Buying a new machine for $25,000, the company will generate $12,500 per year in annual sales, with costs of $5,500. The machine will be depreciated straight-line to zero over its 10-year life and it will have a salvage value of $13,000 at the end of the project. The salvage of the machine at the end of its lifetime is expected to be 0. The project also requires investing $8,000 in inventory and other net working capital items. If the relevant tax rate is 35% and your discount rate is 15%, compute NPV of the project.