Scholastic Co. is evaluating different equipment. Machine A costs $85,000 has a four-year life, and costs $45,000 per year to operate. The machine will be depreciated using straight-line and the relevant discount rate is 8%. The machine will have a salvage value of $20,000 at the end of the project's life. The firm has a tax rate of 21%. Calculate the NPV of the project. (Enter a negative value and round to 2 decimals)