Penny bought a new truck today from Middlefield Motors. She will receive a cash rebate of 5,800 dollars from Middlefield Motors today, pay 24,400 dollars to Middlefield Motors in 1 year(s) from today, receive a cash rebate of 6,300 dollars from Middlefield Motors in 4 year(s) from today, and pay 27,900 dollars to Middlefield Motors in 7 year(s) from today. If the discount rate is 7.32 percent, then what is the present value of the cash flows associated with this transaction? Note: the correct answer is less than zero.
Please provide the computation in answer.