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 $418,626 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 Putter price $62.77 $6277 Units sold 19,948 00 10,472.00 COGS 40.00% of sales 40.00% of sales Selling and Administrative 18.00% of sales 18.00% of sales Calloway has a 15.00% cost of capital and a 39.00% tax rate. The firm expects to sell the equipment after 2 years for a NSV of $144,505.00 What is the NPV of the project? Submit Answer format: Currency Round to 2 decimal places