We are asked to decide whether or not a new product should be launched. It will cost about $4,000 at the beginning and $500 at the end of each year for production for the next five years. We use a 6 percent discount rate to evaluate new products. Based on expected sales and costs, we expect the cash flows over the five-year life of the project to be $1,700 in each of the first two years, $1,800 in each of the next two, and $2,000 in the last year. but we suspect that a recession might happen in the future at a 25% probability which makes the cash flows of the projects as follows: $800 in each of the first two years, $900 in each of the next two, and $1,000 in the last year. Also, there is another possibility that one competitor leaves the market with a probability of 15%. This will increase the base estimates of income cash flows by $400. To be safe, we will only take the project if the expected NPV is positive. What is the expected NPV of the project?