With the growing popularity of casual surf print clothing, two recent MBA graduates decided to broaden this casual surf concept to encompass a $$surf lifestyle for the home.$$ With limited capital, they decided to focus on surf print table and floor lamps to accent people$$s homes. They projected unit sales of these lamps to be $10,000$ in the first year, with growth of $8$ percent each year. Production of these lamps will require $$95,000$ in net working capital to start. Total fixed costs are $$150,000$ per year, variable production costs are $$34$ per unit, and the units are priced at $$73$ each. The equipment needed to begin production will cost $$485,000.$ The equipment will be depreciated using the straight$-$line method over a five$-$year life and is not expected to have a salvage value. The tax rate is $21$ percent and the required rate of return is $18$ percent. What is the NPV of this project? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$