The new machine cost $140,000, and the tax office allowed straight-line depreciation of 10 percent per annum. After five years, Magic would sell the Delta for $60,000. Given that the company selling the machine to Magic operated in a very competitive market, it was willing to negotiate on the terms of a maintenance plan. The seller offered fixed pricing starting at $2,000 in the first year, increasing by $1,000 per year (payable at year-end). To fund the purchase, Magics bank offered a 6 percent per annum loan to be repaid as interest-only payments for five years, with the full principal repayable at the end of the loan period. What is the NPV in this case?