Halcyon Lines is considering the purchase of a new bulk carrier for $8.5 million. The forecasted revenues are $6.1 million a year and operating costs are $5 million. A major refit costing $3.1 million will be required after both the fifth and tenth years. After 15 years, the ship is expected to be sold for scrap at $2.6 million. What is the NPV if the opportunity cost of capital is 7%? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Net present value $