A firm has projected the following financials for a possible project:

YEAR $012345$

Sales $138,930\mathrm{.}00138,930\mathrm{.}00138,930\mathrm{.}00138,930\mathrm{.}00138,930\mathrm{.}00$

Cost of Goods $65,631\mathrm{.}0065,631\mathrm{.}0065,631\mathrm{.}0065,631\mathrm{.}0065,631\mathrm{.}00$

S&A $30,000\mathrm{.}0030,000\mathrm{.}0030,000\mathrm{.}0030,000\mathrm{.}0030,000\mathrm{.}00$

Depreciation $22,105\mathrm{.}0022,105\mathrm{.}0022,105\mathrm{.}0022,105\mathrm{.}0022,105\mathrm{.}00$

Investment in NWC $1,011\mathrm{.}00582\mathrm{.}00582\mathrm{.}00582\mathrm{.}00582\mathrm{.}00582\mathrm{.}00$

Investment in Gross PPE $110,525\mathrm{.}00$

The firm has a capital structure of $35\mathrm{.}00\%$ debt and $65\mathrm{.}00\%$ equity. The cost of debt is $8\mathrm{.}00\%,$ while the cost of equity is estimated at $12\mathrm{.}00\%.$ The tax rate facing the firm is $36\mathrm{.}00\%.($Assume that you can't recover the final NWC position in year $5.$ i$.$e$.$ only consider the change in NWC for each year$)$

What is the NPV of the project? $($Hint: Be careful about rounding the WACC here!$)$

Submit

Answer format: Currency: Round to: $2$ decimal places.