McGilla Golf has decided to sell a new line of golf clubs. The length of this project is seven years. The company has spent $1460149 on research and development for the new clubs. The plant and equipment required will cost $28973884. The new clubs will also require an increase in net working capital of $1252862 that will be returned at the end of the project. The OCF of the project will be $8007520. The tax rate is 31 percent, and the cost of capital is 11 percent. What is the NPV for this project?