Use the In-class exercise for this problem. The company has a preexisting line of shelves that sell for $25 per unit with a unit cost of $15. You estimate that sales for this preexisting line will decrease by 500 units lower in the first year, with constant sales thereafter while the new line of shelves is in production. What is the new NPV?

Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign, NO comma, and round to two decimal places. E.g., if your answer is $7,001.56, should type ONLY the number 7001.56, NEITHER 7,001.6, $7001.6, $7,001.6, NOR 7002. Otherwise, Blackboard will treat it as a wrong answer.