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Elly Fonts Funporium is considering investment in a New Fun Experience. The Winchester Whiparound will involve and initial investment of $35,000. The Winchester is expected

Elly Fonts Funporium is considering investment in a New Fun Experience. The Winchester Whiparound will involve and initial investment of $35,000. The Winchester is expected to throw off $50,000 of cash each year for 4 years; expenses are estimated at $12,000 per year for working capital and $16,000 per year for depreciation. Ellys tax rate is 50% and it uses a discount rate of 10%. What is the estimated net present value of the Winchester Whiparound? Round your answer to whole dollars.

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