TopNotch Delivery Inc. is considering the purchase of an additional delivery truck for $20,000 on January 1, 20Y4. The truck is expected to have a five-year life with an expected residual value of $4,000 at the end of five years. The expected additional revenues from the added delivery capacity are anticipated to be $35,000 per year for each of the next five years. A driver will cost $25,000 in 20Y4, with an expected annual salary increase of $1,000 for each year thereafter. The operating costs for the truck are estimated to be $4,500 per year. Calculate the net present value of the investment, assuming that the minimum desired rate of return is 12% Answer: \$