Atlantic Manufacturing is considering a new investment project that will last for four years. The delivered and installed cost of the machine needed for the project is $22,563 and it will be depreciated according to the three-year MACRS schedule. The project also requires an initial increase in net working capital of $310. Financial projections for sales and costs are in the table below. In addition, since sales are expected to fluctuate, NWC requirements will also fluctuate. The end-of-year NWC requirements are included below (hint: these NWC capital requirements DO NOT represent the change in NWC for the period). The $0 requirement for NWC at the end of year 4 means that all NWC is recovered by the end of the project. The corporate tax rate is 35% and the required return on the project is 12%.

Year	1	2	3	4
Sales	$11,207	$12,960	$13,540	$10,128
Costs	2,039	2,895	3,474	1,113
NWC Requirements	336	350	235	0

What is the project's NPV?