The following data pertain to an investment proposal:

Cost of investment		$113,400
Annual cost savings		$25,200
Expected life of investment		5 years
Discount rate		14%

What is the net present value of the proposed investment? (Round answers to 0 decimal places, e.g. 25,000. Enter negative amounts using a negative sign preceding the number e.g. -25,000.) Net present value of proposed investment $enter the net present value of the proposed investment in dollars