Red Royal Banking is evaluating a 1-year project that would involve an initial investment in equipment of 38,000 dollars and an expected cash flow of 41,100 dollars in 1 year. The project has a cost of capital of 7.83 percent and an internal rate of return of 8.16 percent. If Red Royal Banking were to use 38,000 dollars in cash from its bank account to purchase the equipment, the net present value of the project would be 117 dollars. However, Red Royal Banking has no cash in its bank account, so using money from its account is not possible. Therefore, the firm would need to borrow money to raise the 38,000 dollars. If Red Royal Banking were to borrow money to raise the 38,000 dollars, the interest rate on the loan would be 5 percent. Red Royal Banking would receive 38,000 dollars from the bank at the start of the project and would pay 39,900 dollars to the bank in 1 year. What is the NPV of the project if Red Royal Banking borrows 38,000 to pay for the project?