Apple is planning to incorporate new software for the price of $$500000$ today in order to produce a new line of the iPod. The new iPod will be ready for sale in $1$ year. If the new software will generate incremental sales of $25000$ units for $$80$ per unit,

 what is the NPV of the project? Use a required rate of return $9\mathrm{.}00\%,$ and

 assume that this new line is produced for one period only.