Antarctic Skidoo is developing a new vehicle for leisure and will be selling the company to a major sport retailer in 4 years. The costs of the development will require an investment of $100,000 today and $10,000 at the beginning of every month for 4 years. In return the company will receive a $300,000 payment inn 2 years and a final $400,000 payment in 4 years from today. If the cost of money is 8% compounded annually, determine the NPV of the project.