The following table presents sales forecasts for Golden Gelt Giftware. The unit price is $$40.$ The unit cost of the giftware is $$25.$

Year Unit Sales

$122,800$

$234,000$

$318,000$

$45,000$

Thereafter $0$

It is expected that net working capital will amount to $20\%$ of sales in the following year. For example, the store will need an initial $($Year $0)$ investment in working capital of $\mathrm{.}20\backslash$times $22,800\backslash$times $$40=$ $$182,400.$ Plant and equipment necessary to establish the giftware business will require an additional investment of $$220,000.$ This investment will depreciate on the MACRS schedule over $3$ years. After $4$ years, the equipment will have an economic and book value of zero. The firm$$s tax rate is $30\%.$ The discount rate is $20\%.$ Use the MACRS depreciation schedule.

a$.$ What is the net present value of the project?

Note: Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.