You are analyzing a project with 5-year life. The project requires a capital investment of \$14,000 now, and it will generate uniform annual revenue of \$4,200 at the end of each year. Further, the project will have a salvage value of \$1,400 at the end of the fifth year and it will require \$840 each year for the operation. What is the net value of the project using year 4 as the basis, considering a 15 % annual interest rate.