We project unit sales for a new household$-$use laser$-$guided cockroach search and destroy system as follows:

The new system will be priced to sell at $$475$ each.

The cockroach eradicator project will require $$2,200,000$ in net working capital to start, and total net working capital will rise to $15\%$ of

the change in sales. The variable cost per unit is $$345,$ and total fixed costs are $$2,500,000$ per year. The equipment necessary to

begin production will cost a total of $$22$ million. This equipment is mostly industrial machinery and thus qualifies for CCA at a rate of

$20\%.$ In five years, this equipment will actually be worth about $20\%$ of its cost.

The relevant tax rate is $35\%,$ and the required return is $17\%.$ Based on these preliminary estimates, what is the NPV of the project?

$($Enter the answer in dollars. Do not round your intermediate calculations. Round the final answer to $2$ decimal places. Omit $ sign

in your response.$)$

NPV $$$