Please adhere EXACTLY to the rounding instructions (in red), the answer will incorrect if you do not. Thank you!

Question 21 6 pts William's Co. is considering spending $16319 at Time 0 to test a new product. Depending on the test results, the firm may decide to spend $58002 at Time 1 to start production of the product. If the test is successful, the product is produced and it will produce after-tax cash flows of $44332 a year for Years 2 through 4. If the test is unsuccessful, the product is not produced and it will produce zero cash flows. The probability of successful test and investment is 60 %. What is the NPV of the project at Time 0 given a 14% discount rate? (Round answer to 2 decimal places, do not round intermediate calculations)