You are offered the chance to participate in a project that produces the following cash flows:

	C0				C1				C2
	+	$	6,500		+	$	4,750			$	14,000

The internal rate of return is 14.7%.

If the opportunity cost of capital is 14%, what is the net present value of the project? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.)

Net present value

$

Will you accept the offer?

	Yes
	No