A firm has a target debt-equity ratio of 0.4 . The cost of debt is \6.5 and the cost of equity is \16. The company has a \35 tax rate. A project has an initial cost (investment) of \\( \\$ 62,000 \\) and an annual after-tax cash flow of \\( \\$ 18,000 \\) for 5 years. There is no salvage value or net working capital requirement. What is the net present value of the project using the WACC? You can ignore investment depreciation tax shields for this questions. NOTE: Keep at least 4 decimal places for INTERMEDIATE CALCULATIONS. Enter your FINAL ANSWER to TWO decimal places. Do NOT include a \\$ sign