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 equipment 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 $25$ percent tax rate.

Pessimistic Expected Optimistic

Market size $115,000125,000137,000$

Market share $18\%22\%24\%$

Selling price $ $165$ $ $170$ $ $174$

Variable costs per unit $ $108$ $ $104$ $ $101$

Fixed costs per year $ $980,000$ $ $925,000$ $ $895,000$

Initial investment $ $1,675,000$ $ $1,525,000$ $ $1,505,000$

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. Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Pessimistic$-$

Expected$-$

Optimistic$-$