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 $

$2,848,957.-$ 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 $t=0$ 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 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. $*$ At $t=10,$ the project is expected to cease being economically viable and the factory $($including land$)$ will be sold for $$4,500,000($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 $($i$.$e$.$ negative taxes$).$ What is the project's NPV$?$

Round to nearest whole dollar value.