We project unit sales for a new household-use laser-guided cockroach search and destroy system as follows: Sales 94,500 106,500 129,500 135,500 88,500 ear 2 5 The new system will be priced to sell at $410 each. The cockroach eradicator project will require $1,700,000 in net working capital to start, and total net working are $1,200,000 per year. The equipment necessary to begin production will cost a total of $16 million. This this equipment will actually be worth about 20 percent of its cost. at a rate of 20 percent. In five years, The relevant tax rate is 35 percent, and the required return is 16 percent. 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.) NP $ 1121215