Sansariff Company invests in a new piece of equipment costing $40,000. The equipment is expected to yield the following amounts per year for the equipment's four-year useful life: Cash revenues $ 60,000 Cash expenses (32,000) Depreciation expenses (straight-line) (10,000) Income provided from equipment $ 18,000 Cost of capital 14% What is the net present value of this investment in equipment, assuming no taxes are paid?