Marine Enterprises is considering a project that is equally as risky as the overall firm. This project has initial costs of $109,684 and cash inflows of $89,361 a year for two years. The company has a capital structure which is based on 30% debt, 20% preferred stock, and 50% common stock. The after-tax cost of debt is 5%, the cost of preferred is 7.5%, and the cost of common stock is 10%. What is the projected net present value of this project? Enter the answer rounded to 2 decimal places without $ sign.