Suppose that Calloway golf would like to capitalize on Phil Michelson winning the Open Championship in 2013 by releasing a new putter. The new product will require new equipment for $416,978.00 that will be depreciated using the 5- year MACRS schedule. The project will run for 2 years with the following forecasted numbers Year 1 Year 2 $63.00 $63.00 Putter price 18,987.00 10,325.00 Units sold COGS 41.00% of sales 41.00% of sales Selling and Administrative 19.00% of sales 19.00% of sales Calloway has a 13.00% cost of capital and a 39.00% tax rate. The firm expects to sell the equipment after 2 years for a NSV of $137.152.00 What is the NPV of the project? Submit Answer format: Currency Round to 2 decimal places