Aria Acoustics, Inc., (AAl) projects unit sales for a new seven-octave voice emulation implant as follows: Year 2 4 Unit Sales 117,000 136,000 124,000 107,000 93,000 Production of the implants will require $2,450,000 in net working capital to start and additional net working capital investments each year equal to 25 percent of the projected sales increase for the following year. Total fixed costs are $1,530,000 per year, variable production costs are $243 per unit, and the units are priced at $363 each. The equipment needed to begin production has an installed cost of $32,000,000. Because the implants are intended for professional singers, this equipment is considered industrial machinery and thus qualifies as seven-year MACRS (MACRS Table) property. In five years, this equipment can be sold for about 20 percent of its acquisition cost. AAl is in the 40 percent marginal tax bracket and has a required return on all its projects of 16 percent. What is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Net present value