We project unit sales for a new household-use laser-guided cockroach search and destroy system as follows: Year 1 2 Unit Sales 95,500 107,500 130,500 136,500 89,500 4 5 The new system will be priced to sell at $420 each. The cockroach eradicator project will require $1,900,000 in net working capital to start, and total networking capital will rise to 15% of the change in sales. The variable cost per unit is $290, and total fixed costs are $1,400,000 per year. The equipment necessary to begin production will cost a total of $17 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 18%. 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