You are evaluating a project for The Farstroke golf club, guaranteed to correct that nasty slice. You estimate the sales price

of The Farstroke to be $$480$ per unit and sales volume to be $1,000$ units in year $1$; $900$ units in year $2$; and $1,325$ units in year

The project has a $3-$year life. Variable costs amount to $$265$ per unit and fixed costs are $$100,000$ per year. The project

requires an initial investment of $$189,000$ in assets, which can be depreciated using bonus depreciation. The actual market

value of these assets at the end of year $3$ is expected to be $$43,000.$ NWC requirements at the beginning of each year will

be approximately $30$ percent of the projected sales during the coming year. The tax rate is $21$ percent and the required

return on the project is $12$ percent.

What change in NWC occurs at the end of year $1?$

Note: Enter a decrease as a negative amount using a minus sign.