The Snedecker Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 1.2 percent per period.

	Current Policy			New Policy
Price per unit	$	50		$	52
Cost per unit	$	30		$	30
Unit sales per month		2,000			2,125

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., 32.16.)

NPV

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