Manhattan Realty is a public company with the firm's assets market value of $25,000. The company has a zero-coupon bond issue outstanding with a face value of $20,000 that matures in one year. The management of Manhattan Realty is considering to acquire the Upper West Department Store, a very successful department store located in Manhattan area. The target firm is an all-equity firm with 2,200 shares of stock outstanding at a market price of $10 a share. Currently, the return on assets of Manhattan Realty has a standard deviation of 20%. The management predicts that after the acquisition, the standard deviation of return on the combined firm's assets will become 50 percent per year. Although it seems that the acquisition will increase the firms overall volatility, the management expects that the acquisition will contribute a synergy value of $3,500. If the current risk-free rate is 6 percent per year, what will be the NPV of this acquisition if the management of Manhattan Realty would like to pay the acquisition by offering one third of its stock?