We are evaluating a project that costs $$787,000,$ has a life of twelve years, and has no salvage value. Assume that depreciation is straight$-$line to zero over the life of the project. Sales are projected at $159,000$ units per year. Price per unit is $$44,$ variable cost per unit is $$28,$ and fixed costs are $$789,361$ per year. The tax rate is $22$ percent, and we require a return of $18$ percent on this project. The projections given for price, quantity, variable costs, and fixed costs are all accurate to within $\frac{+}{-}17$ percent.

a$.$ Calculate the best$-$case NPV$.$

$\backslash$table$[[$Best case,$$16,473,959$