Crisps has received an order for 10000 bags of potato chips from BigBag. Crisps views BigBag to be a long-term customer and believes they will continue to place the same order year after year forever. Crisps sells its large bags of potato chips for $1.85 each, and calculates its internal cost for the product at $1.35 each. Market research estimates that there is a 27% chance that BigBag will pay in full what it owes. Crisps uses a discount rate of 6.65% for all NPV analysis.
Based on this information, calculate the NPV of this credit decision?
$_______
Place your answer to the nearest dollar. Do not use a Dollar sign or commas within your answer.