Use the In-class exercise for this problem. Several employees will be let go when the project ends. Severance pay for these employees equals $25,000. If the severance pay is included, what is the new NPV? (Hint: Severance pay is a fixed expense like Selling, General, & Administrative expenses)

Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign, NO comma, and round to two decimal places. E.g., if your answer is $7,001.56, should type ONLY the number 7001.56, NEITHER 7,001.6, $7001.6, $7,001.6, NOR 7002. Otherwise, Blackboard will treat it as a wrong answer.