Ensign Laundry Corp. (ELC) is considering launching and manufacturing a new product. ELC's proposed project has the following parameters:

- Product life cycle of 5 years.

- Initial capital expenditure requirement of \$61,443,4 to purchase the project's assets.

- Applicable CCA rate of d=40\%

- Marginal tax rate of 35%.

- Annual cost of capital of 8.9%.

- At the end of year 5, project assets will be salvaged for $ mathcal , 30

What is the net impact on NPV of the CCA tax shields associated with use of the assets in the project?