Aero Motorcycles is considering opening a new manufacturing facility in Fort Worth to meet the demand for a new line of solar-charged motorcycles (who wants to ride on a cloudy day anyway?) The proposed project has the following features: . The firm just spent $300,000 for a marketing study to determine consumer demand (@t=O). Aero Motorcycles purchased the land the factory will be built on 5 years ago for $2.000.000 and owns it outright Ithat is, it does not have a mortgagel. The land has a current market value of $2.817.213 The project has an initial cost of $20,000,000 (excluding land, hint: the land is not subject to depreciation . If the project is undertaken at t-o the company will need to increase its inventories by $3,500.000. accounts receivable by $1.500.000, and its accounts payable by $2.000.000. This net operating working capital will be recovered at the end of the project's lifett-10) If the project is undertaken the company will realize an additional $8.000.000 in sales over each of the next tent years. I.e. sales in each year are $8.000.000 The company's operating cost (not including depreciation will equal 50% of sales. The company tax rate is 35 percent. Use a 10-year straight-line depreciation schedule. Att - 10, the project is expected to cease bring economically viable and the factory (including and will be sold for $4.500.000 Sassume land has a book value equal to the original purchase price - The project's WACC - 10 percent - Assume the form is profitable and able to use any tax credits negative taxes What is the project's NPV? Round to nearest whole dollar value