Nivea is planning to launch a project of natural haircare products. The project has the following parameters: - Product life cycle of 4 years. - Research \& Development (R\&D) on the product line was $42 million last year. - A marketing firm consulted on the viability of a new natural haircare project and was paid $1.7 million last year. - Nivea's marginal tax rate is 36%. - Nivea's opportunity cost of capital is 7% (annual effective rate) What is the net impact on NPV of the R&D and consulting costs of the new project