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

$\backslash$table$[[$Year$,$Unit Sales$],[1,23,200],[2,36,000],[3,20,000],[4,5,000],[$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 capitaifof $.2023,200$$$40=$$$185,600.$ Plant and equipment necessary to establish the giftware business will require an additional investment of $$230,000.$ 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.

$\backslash$table$[[$a$.$ Net present value,$],[$b$.$ Increase in NPV$,]]$