Loco Company is considering manufacturing a new style of dress. The equipment to be used costs $99,000 and would be depreciated to zero by the straight-line method over its 3-year life. It would have a zero salvage value, and no new working capital would be required. Annual revenues are $75,000 and annual operating costs are $25,000. Revenues and operating costs are expected to be constant over the project's 3-year life. However, this project would compete with other Weston's products and would reduce their pre-tax annual cash flows of $5,000. WACC is 10% and corporate tax rate is 35%. What is the project's NPV?