You are the financial analyst for a tennis racket manufacturer. The company is considering using a graphite-like material in its tennis rackets. The company has estimated the information in the table below about the market for a racket with the new material. The company expects to sell the racket for five years. The equipment required for the project has no salvage value and will be depreciated on a straight-line basis. The required return for projects of this type is 14 percent, and the company has a 22 percent tax rate. Pessimistic 122,000 Expected 137,000 Market size Market share Selling price Variable costs per Optimistic 162,000 19% 21% 24% A 143 $ 148 $ 154 tA $ 97 $ EA 92 $ 91 unit Fixed costs per year Initial investment $ 958,000 $1,555,000 $ 913,000 $ 883,000 $1,470,000 $1,385,000 Calculate the NPV for each scenario. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Pessimistic Expected Optimistic