#$10.$ A company is looking at a new manufacturing process with cost savings. The PPE will cost $$385,000.$ The

cost will be depreciated straight$-$line to zero over the project's five$-$year life, at the end of which the PPE can be

scrapped for $$60,000.$ The new manufacturing process will save the firm $$135,000$ per year in pretax operating

costs, and the system requires an initial investment in working capital of $$35,000.$ If the tax rate is $21\%$ and the

discount rate is $10\%,$ what is the NPV of the project?