Landco is a firm that owns a plot of land in the city that it leases out to customers who want to hold festivals, outdoor shows, etc. Landco is considering expanding its operations by acquiring an adjacent lot for $20,000. It forecasts that it could earn $15,000 of pre-tax income per year for 3 years by leasing out the additional land. Landco is 100% common equity financed. Leasing out land in this part of town is twice as risky as investing in the Toronto Stock Exchange. The risk free rate is 3% and the expected return on a market portfolio is 8%. The tax rate is 16.67%. What is the NPV of the project Landco is considering