Better Mousetraps has developed a new trap. It can go into production for an initial Investment in equipment of $6.3 million. The equipment will be depreciated straight line over 5 years to a value of zero. but in fact it can be sold after 5 years for $694,000. The firm believes that working capital at each date must be maintained at a level of10% of next year's forecast sales. The rm estimates production oosts equal to $2.00 per trap and believes that the traps can be sold for $8 each. Sales forecasts are given in the following table. The project will come to an end in 6 years. when the trap becomes technologically obsolete. The rm's tax bracket is 35%. and the required rate of return on the project is 10%. Use the MACRS depreciation schedule. Year: 0 1 2 3 ll .5 6 Thereafter Sales (millions of traps} 0 0.4 0.5 0.6 0.6 0.9 0.5 0 a. What is project NW? {Negative amount should be indicated by a minus sign. Do not round Intermediate calculations. Enter your answer in millions rounded to 4 decimal places.)