Cori’s Meats is looking at a new sausage system with an installed cost of $304,000. This cost will be depreciated straight-line to zero over the project’s five-year life, at the end of which the sausage system can be scrapped for $30,000. The sausage system will save the firm $116,000 per year in pretax operating costs and the system requires an initial investment in net working capital of $15,000. If the tax rate is 23 percent and the discount rate is 10 percent, what is the NPV of this project?