Project A requires an original investment of $50,000. The project will yield cash flows of $15,000 per year for 7 years. Project B has a calculated net present value of $13,500 over a 4-year life. Project A could be sold at the end of 4 years for $25,000.

Below is a table for the present value of $1 at compound interest.

Determine the net present value of Project A over a four-year life with salvage value assuming a minimum rate of return of 12%. Enter negative values as negative numbers. $____?_______