Exercise $14-7($Algo$)$ Net Present Value Analysis of Two Alternatives $[$LO$14-2]$

Perit Industries has $\backslash$$$110,000$ to invest. The company is trying to decide whether to invest in Project A:

Perit Industries' discount rate is $15\backslash \%.$

Click here to view Exhibit $14$B$-1$ and Exhibit $14$B$-2,$ to determine the appropriate discount factor$($s$)$ using tables.

Required:

Compute the net present value of Project A$.($Enter negative values with a minus sign.

Round your final answer to the nearest whole dollar amount.$)$

Answer is complete but not entirely correct.