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=0). Aero Motorcycles purchased the land the factory will be built on 5 years ago for $2,000,000 and owns it outright (that is, it does not have a mortgage). The land has a current market value of $2,895,180. The project has an initial cost of $ 20000000 excluding land, hint: the land is not subject to depreciation). If the project is undertaken, at t=0 the company will need to increase its inventories by $3,500,000, accounts receivable by $ 1500000 and its accounts payable by $2,000,000. This net operating working capital will be recovered at the end of the project's life (t = 10). If the project is undertaken, the company will realize an additional $8,000,000 in sales over each of the next ten 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's tax rate is 35 percent. Use a 10-year straight-line depreciation schedule. Att= 10, the project is expected to cease being economically viable and the factory (including land) will be sold for $ 4500000 assume land has a book value equal to the original purchase price). The project's WACC = 10 percent Assume the firm is profitable and able to use any tax credits (ie negative taxes). What is the project's NPV? Round to nearest whole dollar value.