We believe we can sell $90,000$ home security devices per year at $$150$ per piece. They cost $$130$ to manufacture $($variable cost$).$ Fixed

production costs run $$215,000$ per year. The necessary equipment costs $$785,000$ to buy and would be depreciated at a $25\%$ CCA

rate. The equipment would have a zero salvage value after the five$-$year life of the project. We need to invest $$140,000$ in net working

capital up front; no additional net working capital investment is necessary. The discount rate is $19\%,$ and the tax rate is $35\%.$ What is the

NPV of the project? $($Do not round your intermediate calculations. Round the final answer to $2$ decimal places. Omit $ sign in your

response.$)$

NPV $