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Waterdeep Adventure Travel has an unlevered cost of equity of 16.1%, and a cost of debt of 8%. Their tax rate is 31%, and they

Waterdeep Adventure Travel has an unlevered cost of equity of 16.1%, and a cost of debt of 8%. Their tax rate is 31%, and they maintain a capital structure of 52% debt and the rest equity. They are considering giving cave exploration tours to their menu of adventure vacations. Buying the needed equipment would cost $50,739, and would bring in $34,997 one year from today, and $80,127 two years from today. What is the NPV of this project, using the WACC method, if they invest today?

Please give your answer to the nearest dollar.

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