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 $423,902.00 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 $64.63 $64.63 Units sold 19,992.00 10,979.00 COGS 41.00% of sales 41.00% of sales Selling and Administrative 20.00% of sales 20.00% of sales Calloway has a 15.00% cost of capital and a 37.00% tax rate. The firm expects to sell the a equipment after 2 years for a NSV of $148,900.00. What is the NPV of the project? Submit Answer format: Currency: Round to: 2 decimal places