Gray$$ Mining is evaluating Project Q$,$ a $2-$year project that would involve buying equipment for $$276,000$that would be depreciated to $$0$over $2$years using straight$-$line depreciation. Capital spending would be $$0$in year $1$ and the equipment would be sold for an after$-$tax cash flow of $$48,000$in year $2.$ Relevant revenues are expected to be $$230,000$in year $1$ and $$230,000$in year $2.$ Relevant variable costs for the project are expected to be $$72,000$in year $1$ and $$72,000$in year $2.$ Finally, the firm has no fixed costs in year $1$ and one fixed cost in year $2$ of the project. Yesterday, Gray$$ Mining signed a deal with Circle$$Partners to develop an advertising campaign. The terms of the deal require Gray$$ Mining to pay $$4,000$in $2$ years if Project Q$$is pursued or $$28,000$in $2$ years if Project Q$$is not pursued. The tax rate is $50$percent and the cost of capital for Project Q$$is $11\mathrm{.}85$percent$.$ What is the net present value of Project Q$?$