You are the financial analyst for a tennis racket manufacturer. The company is considering using a graphitelike material in its tennis rackets. The company has estimated the information in the following table about the market for a racket with the new material. The company expects to sell the racket for 5 years. The equip required for the project will be depreciated on a straight-line basis and has no salvage value. The required return for projects of this type is 14 percent and the company has a 23 percent tax rate. Pessimistic Market size Market share 18% Selling price $ 166 Variable costs per $ 111 unit Fixed costs per $ 983.000 year Initial investment $1,690,000 Expected 128,000 22% $ 171 $ 107 Optimistic 140,000 24% $ 175 $ 104 $ 928,000 $1,540,000 $ 898,000 $1,520,000 Calculate the NPV for each case for this project. Assume a negative taxable income generates a tax credit. (A negative amount should be indicated by a minus sign. not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Pessimistic Expected Optimistic