Who Dat Restaurant is considering the purchase of a $10,600 souffl maker. The souffl maker has an economic life of five years and will be fully depreciated by the straight-line method. The machine will produce 2,300 souffls per year, with each costing $2.70 to make and priced at $5.55. Assume that the discount rate is 16 percent and the tax rate is 40 percent.

What is the NPV of the project?