XYZ is considering buying a new sterilization system. The new sterilization system would be purchased today for $88,000. It would be depreciated straight-line to $0 over 2 years. In 2 years, the sterilization system would be sold for an after-tax cash flow of $37,000. Without the sterilization system, costs are expected to be $110,000 in 1 year and $150,000 in 2 years. With the sterilization system, costs are expected to be $76,000 in 1 year and $52,000 in 2 years. If the tax rate is 50% and the cost of capital is 9.86%, what is the net present value of the new sterilization system project?