Scooby Inc. is evaluating a project with initial investment (at year 0) of $50,000 that is expected to produce annual profits of $19,000 for 6 years, starting at year 1. One year after the project ends, there will be an environmental clean-up cost of $22,000 (at year 7). If Scooby inc's cost of capital is 5.00%, what is the net present value (NPV) of this project?