Steamboat Springs Furniture, Inc., is considering the purchase of a new finishing lathe that costs $55,000. The lathe will generate revenues of $100,000 per year for each of the next five years. The cost of materials and labor (COGS) needed to generate these revenues will total $50,000 per year, and other cash expenses will be $10,000 per year. Thus total cash operating expenses are $60,000 per year The lathe is expected to sell for $10,000 at the end of its five-year life and will be depreciated on a straight-line basis over five years down to salvage value of $10,000. Investment in NWC is unnecessary. Steamboat Springs Furniture has a marginal tax rate of 24 percent, and its cost of capital is 12 percent. What is the NPV for the project?