A company is considering a project that will require a cost outlay of $30,000 per year for four years. At the end of the project, the company expects to salvage the physical assets for $30,000. The project is estimated to yield net returns [cash inflows] of $60,000 in year 4; $40,000 in year 5, and $20,000 for each of the following five years. Alternative investments are available, yielding a rate of return of 14% [compounded annually]. Compute the net present value of the project.