McGilla Golf has decided to sell a new line of golf clubs. The length of this project is seven years. The company has spent $1695430 on research and development for the new clubs. The plant and equipment required will cost $28347518. The new clubs will also require an increase in net working capital of $1347137 that will be returned at the end of the project. The OCF of the project will be $8556225. The tax rate is 30 percent, and the cost of capital is 13 percent. What is the NPV for this project? (Negative amount should be indicated by a minus sign. Round your final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456.78 should be entered as 123457.)