Solar Engines manufactures solar engines for tractor$-$trailers.

Given the fuel savings available, new orders for $125$ units have

been made by customers requesting credit. The variable cost is

$$9,200$ per unit, and the credit price is $$11,250$ each. Credit is

extended for one period. The required return is $1\mathrm{.}6$ percent per

period. If Solar Engines extends credit, it expects that $30$ percent

of the customers will be repeat customers and place the same order

every period forever and the remaining customers will be one$-$time

orders.$$Calculate the NPV of the decision to grant

credit.$($Enter your answer in dollars, not millions of

dollars, e$.$g$.,1,234,567.$ Do not round intermediate calculations

and round your answer to $2$ decimal places, e$.$g$.,$

$32\mathrm{.}16.)$