DIY invests in a 5-year project. The cost of the equipment is $105,004 and depreciates straight line to $0 salvage value. The annual EBIT is $46,246. DIY finances the project with a 5-year loan of $33,124 that charges 6.5% interest. The cost of unlevered and levered equity are 8.2% and 11.3% respectively and the target debt/equity ratio is 0.25. The tax rate is 30%. Calculate the NPV of the project using the WACC method.