Baird Golf has decided to sell a new line of golf clubs. The clubs will sell for $$715$ per set and have a variable cost of $$385$ per set. The

company has spent $$150,000$ for a marketing study that determined the company will sell $75,000$ sets per year for seven years. The

marketing study also determined that the company will lose sales of $10,000$ sets of its high$-$priced clubs. The high$-$priced clubs sell at

$$1,150$ and have variable costs of $$620.$ The company will also increase sales of its cheap clubs by $12,000$ sets. The cheap clubs sell

for $$425$ and have variable costs of $$195$ per set. The fixed costs each year will be $$9,400,000.$ The company has also spent

$$1,000,000$ on research and development for the new clubs. The plant and equipment required will cost $$30,100,000$ and will be

depreciated on a straight$-$fine basis. The new clubs will also require an increase in net working capital of $$1,400,000$ that will be

returned at the end of the project. The tax rate is $40\%,$ and the cost of capital is $10\%.$

Suppose you feel that the values are accurate to within only $+-10\%.$ What are the best$-$case and worst$-$case NPVs$?($Hint: The price and

variable costs for the two existing sets of clubs are known with certainty; only the sales gained or lost are uncertain.$)($Negative

answers should be indicated by a minus sign. Do not round intermediate calculations. Round the final answers to $2$ decimal

places. Omit $ sign in your response.$)$