FYI $107,053 is incorrect

Marsha Jones has bought a used Mercedes horse transporter for her Connecticut estate. It cost $36,000. The object is to save on horse transporter rentals. Marsha had been renting a transporter every other week for $201 per day plus $1.05 per mille. Most of the trips are 80 or 100 miles in total. Marsha usually gives the ditver, Joe Laminitis, a $45 tip. With the new transporter she will only have to pay for diesel fuel and malntenance, at about $0.46 per mile. Insurance costs for Marsha's transporter are $1,250 per year. The transporter will probably be worth $16,000 (in real terms) after elght years, when Marsha's horse Spike, will be ready to retire. Assume a nominal discount rate of 10% and a 4% forecasted inflation rate. Marsha's transporter is a personal outloy, not a business or financlal investment, so taxes can be lgnored. Calculate the NPV of the investment. Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount