Apple is planning to incorporate new software for the price of $$400000$ today in order to produce a new line of the iPod. The new iPod will be ready for sale in $1$ year. If the new software will generate incremental sales of $20000$ units for $$75$ per unit, what is the NPV of the project? Use a required rate of return $5\mathrm{.}00\%,$ and assume that this new line is produced for one period only.