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Jungle, Inc., currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30

Jungle, Inc., currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30 days. The required return is .58 percent per month.

Current Policy New Policy

Price per unit. $ 155 $ 158

Cost per unit $ 125. $ 128

Unit sales per month 1,200 1,230

Calculate the NPV of the decision to change credit policies. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

NPV $

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