A company is considering a 2-year project with the following cash flows:

Initial investment: $1300

Cash inflow, year 1: $660

Cash inflow, year 2: $920

Salvage value, year 2: $230

The company uses straight-line depreciation to depreciate the initial investment cost. In other words, annual depreciation is (initial investment - salvage value)/2. The company's discount rate is 10%.

What is the Net Present Value of this project?

(Use the present values tables above for any present value calculations. Don't round intermediate calculations. Round your final answer to the nearest dollar.)