The Branson Corporation is considering a change in its cash$-$only policy. The new terms

would be net one period. The required return is $1\mathrm{.}7$ percent per period.

Calculate the NPV of the decision to change credit policies. $($Do not round intermediate

calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

NPV