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Marine Enterprises is considering a project that is equally as risky as the overall firm. This project has initial costs of $123,883 and cash inflows

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Marine Enterprises is considering a project that is equally as risky as the overall firm. This project has initial costs of $123,883 and cash inflows of $89,991 a year for two years. The company has a capital structure which is based on 30% debt, 20% preferred stock, and Sox common stock. The after-tax cost of debt is 5%, the cost of preferred is 7.5%, and the cost of common stock is 10%. What is the projected net present value of this project? Enter the answer rounded to 2 decimal places without $ sign

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