You are provided with the projected income statements for a project:

Year	1	2	3	4
Revenues	$20,000	$21,000	$22,050	$23,153
- Cost of Goods Sold	10,200	10,710	11,246	11,808
- Depreciation	6,400	4,800	3,200	1,600
equals EBIT	$3,400	$5,490	$7,604	$9,745

The tax rate is 38%. The project required an initial investment of $16,000 and an additional investment of $1,000 at the end of year 2. The working capital is anticipated to be 5% of revenues, and the working capital investment has to be made at the beginning of each period. Assume that the cost of capital is 8%. What is the NPV? (answer format: $4,321; $4321; 4,321; or 4321)