Marsha Jones has bought a used Mercedes horse transporter for her Connecticut estate. It cost $\backslash (\backslash$$ $47,000\backslash ).$ The object is to save on horse transporter rentals.

Marsha had been renting a transporter every other week for $\backslash (\backslash$$ $212\backslash )$ per day plus $\backslash (\backslash$$ $1\mathrm{.}60\backslash )$ per mile. Most of the trips are $80$ or $100$ miles in total. Marsha usually gives the driver, Joe Laminitis, a $\backslash (\backslash$$ $50\backslash )$ tip. With the new transporter she will only have to pay for diesel fuel and maintenance, at about $\backslash (\backslash$$ $0\mathrm{.}57\backslash )$ per mile. Insurance costs for Marsha's transporter are $\backslash (\backslash$$ $1,800\backslash )$ per year.

The transporter will probably be worth $\backslash (\backslash$$ $27,000\backslash )($in real terms$)$ after eight years, when Marsha's horse Spike, will be ready to retire. Assume a nominal discount rate of $\backslash (9\backslash \%\backslash )$ and a $\backslash (3\backslash \%\backslash )$ forecasted inflation rate. Marsha's transporter is a personal outlay, not a business or financial investment, so taxes can be ignored.

Calculate the NPV of the investment.

Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.