Fairfax Pizza is considering buying a new oven. The new oven would be purchased today for 16,800 dollars. It would be depreciated straight-line to 1,200 dollars over 2 years. In 2 years, the oven would be sold for an after-tax cash flow of 2,000 dollars. Without the new oven, costs are expected to be 12,000 dollars in 1 year and 16,800 in 2 years. With the new oven, costs are expected to be 800 dollars in 1 year and 12,000 in 2 years. If the tax rate is 50 percent and the cost of capital is 6.42 percent, what is the net present value of the new oven project?