Steamboat Springs Furniture, Inc., is considering purchasing a new finishing lathe that costs $55,387.00. The lathe will generate revenues of $98,253.00 per year for five years. The cost of materials and labor needed to generate these revenues will total $49,742.00 per year, and other cash expenses will be $10,947.00 per year. The machine is expected to sell for $8,674.00 at the end of its five-year life and will be depreciated on a straight-line basis over five years to zero. Steamboat Springs' marginal tax rate is 35.00 percent, and its cost of capital is 14.00 percent. Attempts Remaining: Infinity What is the NPV of the project? Answer format: Currency: Round to: 2 decimal places