McGilla Golf has decided to sell a new line of golf clubs. The length of this project is seven years. The company has spent $101,917 on research and development for the new clubs. The plant and equipment required will cost $2,830,062 and will be depreciated on a straight-line basis. The new clubs will also require an increase in net working capital of $132,134 that will be returned at the end of the project. The OCF of the project will be $842,895. The tax rate is 30 percent, and the cost of capital is 9 percent. What is the NPV for this project?