ZTX Co. has decided to sell a new line of golf clubs. The clubs will sell for $703 per set and have a variable cost of $374 per set. The company has spent $169570 for a marketing study that determined the company will sell 70478 sets per year for seven years. The marketing study also determined that the company will lose sales of 8389 sets per year of its high-priced clubs. The high-priced clubs sell at $1073 and have variable costs of $553. The company will also increase sales of its cheap clubs by 11290 sets per year. The cheap clubs sell for $357 and have variable costs of $146 per set. The fixed costs each year will be $13710418. The company has also spent $1437026 on research and development for the new clubs. The plant and equipment required will cost $29489881 and will be depreciated on a straight-line basis. The new clubs will also require an increase in net working capital of $2023047 that will be returned at the end of the project. The tax rate is 35 percent, and the cost of capital is 15 percent. Calculate the NPV for this project. Answer in $ to two decimals.