You are considering an investment opportunity with the following costs and benefits. The applicable interest rate for this investment opportunity is 7.5% (effective annual rate). Calculate the NPV of this investment opportunity. Round your answer to two decimals (do not include the $-sign in your answer).

Investment Opportunity Cash Flows in $

Year	0	1	2	3	4	5	6	7	8
Costs	$(14000)	$(10,000)	$(5,000)	$(1,000)	$(1,000)	$ -	$ -	$ -	$ -
Benefits	$ -	$1,000	$5,000	$10,000	$10,000	$7,500	$5,000	$1,000	$500