Orange Corporation is in the process of deciding to purchase new molding equipment. The initial cost for the purchase of the equipment is RM10,000. The cost of capital is 10 percent, and the cash flow over the next five years in the amount of RM7,000 in year one, RM5,500 in year two, RM3,000 in year three, RM1,000 in year four, RM2,500 in year 5. Compute the next present value for this project ?