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$$s homes. They projected unit sales of these lamps to be $8,400$ in the first year, with growth of $5$ percent each year for the next five years. Production of these lamps will require $$49,000$ in net working capital to start. The net working capital will be recovered at the end of the project. Total fixed costs are $$109,000$ per year, variable production costs are $$20$ per unit, and the units are priced at $$48$ each. The equipment needed to begin production will cost $$189,000.$ 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 effective tax rate is $24$ percent and the required rate of return is $20$ percent. What is the NPV of this project? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$