7.value: 30.00 points The following table presents sales forecasts for Golden Gelt Giftware. The unit price is $30. The unit cost of the giftware is $20. Year Unit Sales 1 27,000 2 35,000 3 19,000 4 10,000 Thereafter 0 It is expected that net working capital will amount to 20% of sales in the following year. For example, the store will need an initial (year-0) investment in working capital of .20 27,000 $30 = $162,000. Plant and equipment necessary to establish the Giftware business will require an additional investment of $205,000. This investment will be depreciated using MACRS and a 3-year life. After 4 years, the equipment will have an economic and book value of zero. The firms tax rate is 30%. What is the net present value of the project? The discount rate is 16%. (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) Net present value $