Perit Industries has $180,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are:

Project AProject BCost of equipment required$180,000$0Working capital investment required$0$180,000Annual cash inflows$32,000$54,000Salvage value of equipment in six years$9,300$0Life of the project6 years6 years

The working capital needed for project B will be released at the end of six years for investment elsewhere. Perit Industries' discount rate is 15%.

Required:

2. Compute the net present value of Project B.(Enter negative values with a minus sign. Round your final answer to the nearest whole dollar amount.)