You are offered the chance to participate in a project that produces the following cash flows:

C0
C1
C2

+$ 5,000 +$ 4,000 −$ 11,000
The internal rate of return is 13.6%.

If the opportunity cost of capital is 12%, what is the net present value of the project?

Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.