Chauhan Restaurant is considering the purchase of a souffl$$ maker that costs $$11,100.$ The souffl$$ maker has an economic life of $8$ years and will be fully depreciated by the straight$-$line method. The machine will produce $1,600$ souffl$$s per year, with each costing $$2\mathrm{.}80$ to make and priced at $$4\mathrm{.}75.$ The discount rate is $12$ percent and the tax rate is $25$ percent. What is the NPV of the project?