The Chasm clothing store is considering expanding its selling area by converting existing storage space. The cost of the conversion is $100,000. The expansion is expected to generate new sales of $75,000 at year 1, and new sales are expected to grow at a rate of 3% per year. Added selling costs and working capital requirements are estimated at $50,000 and $80,000, respectively, at year 1, and these are expected to remain constant. Further, additional storage area will need to be rented at a cost of $10,000 per year. The store will be closed at year 6, with zero scrap value. The conversion cost will be depreciated straight-line to an ending book value of $10,000 at year 6. The tax rate is 35% and the OCC is 14%. Calculate the NPV of this project.