Your company is endowing a professor position at UNH. The endowment will generate perpetual annual cash flows of $671 for UNH beginning today. UNH incurred expenses in facilitation with recruiting your company and establishing the necessary infrastructure to recognize the perpetual payments. The cash flows associated with these costs are below. Year 0 Year 1 Year 2 Year 3 -3000 -1500 -1000 -500 What is the overall net (present) value of this endowment for UNH if the discount rate is 5%? Round your final answer to the nearest cent. Hint: Find the PV of the perpetuity, the PV of the costs, and sum them together