Hamilton Control Systems will invest $77,000 in a temporary project that will generate the following cash inflows for the next three years. Use Appendix B.

Year	Cash flow
1		$	21,000
2			34,000
3			40,000

The firm will also be required to spend $20,000 to close down the project at the end of the three years.

(a)	Compute the net present value if the cost of capital is 9 percent. (Round "PV Factor" to 3 decimal places. Round your answer to the nearest dollar amount. Negative amount should be indicated by a minus sign. Omit the "$" sign in your response.)

Net present value

$