You just bought equipment from Pink River Technology. You will receive a cash rebate of $$1,800$ from Pink River Technology in $4$ years, pay $$15,000$ to Pink River Technology in $7$ years, receive a cash rebate of $$5,000$ from Pink River Technology in $12$ years, and pay $$4,400$ to Pink River Technology in $14$ years. The discount rate is $4\mathrm{.}35$ percent per year. What is the present value of the cash flows associated with this transaction? Note: the correct answer is less than zero.

dollars