Kingbird Corp. is planning to replace an old asset with new equipment that will operate more efficiently. The following amounts may be relevant to this analysis. Cost of old asset $12,000 Book value of old asset $2,100 Selling price of old asset $2,100 Purchase price of new replacement asset $20,000 Estimated salvage value of new asset $1,800 Estimated useful life of new asset Estimated annual net operating cash inflows 5 years $3,000/year for 5 years Discount rate Tax rate 11% 20% Then, find the NPV of the new investment. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places e.g. 5,125.36. Enter negative amounts using either a negative sign preceding the number, e.g. -5,125.36 or parentheses, e.g. (5,125.36).) Click here to view the factor table NPV $