Hedden Corporntion is evaluating a capital investment opportunity. This project would require an initial investment of $31,000 to purchase equipmont. The equipment will have a residual value at the end of its life of $3,000. The useful life of the equipment is 4 yoars. The new project is expected to generate additional net cash infiows of $21,000 per year for each of the four years. The company's required rate of retum is 14%. The not present value of this project is closest toc