You are designing a new product and want to estimate the net present value of the first year of future sales. You think you could make your first sale a year from now, and would have $5000 in revenue (sales) each month. For a nominal annual discount rate of 10%, compounded monthly, the net present value of that first year of sales is [NPV]. Answer to the nearest whole dollar. Hint: first draw the cash flow diagram; the first arrow up should be at t=13 months and the last at t =24 months