The Jabez Corporation has asked for credit with your firm. Jabez has not done business with your firm previously, but you have a strong feeling that if the first order goes well they will become a repeat customer. The company's purchasing manager would like to buy some equipment today at a cost of $$425,000,$ with $30$ days credit. Your variable cost for that equipment is $$411,500$ and your monthly interest rate is $1\mathrm{.}85$ percent. Your research shows that the probability of default is $18$ percent. What is the net present value of this decision?