Glaze Monufacturing Company (GMC) is considering an opportunity to invest in a new piece of equipment. The equipment costs $68,000 with 548,000 due on the date of purchase and the remaining $20,000 due at the end of year three. The equipment is expected to have a 5 year useful life. GMC's accountant has developed the following cash flow information regarding the equipment. Assuming a required (desired) fate of return of 12%, the net present value of this investment opportunity is (Use the PY of $1 and pyA of $1 tables) (Roune intermediate and final answer to the nearest whole dollar.)