Blackhawk Camping is considering a new 5-year project to produce a new tent line. The equipment necessary would cost $4.775 million and be depreciated using straight-line depreciation to a book value of zero at the end of the project. At the end of the project, the equipment can be sold for 10.00% of its initial cost. The company believes that it can sell 41,000 tents per year at a price of $85.50 and variable costs of $40.14 per tent. The fixed costs will be $255,000 per year. The project will require an initial investment in net working capital of $275,000 that will be recovered at the end of the project. The required rate of return is 12.10% and the tax rate is 22%. What is the NPV? Round answer to three decimal places.