A company is considering a project that would require the purchase of an asset for $140,000. The asset belongs in a 30% CCA class and is expected to have no salvage value at the end of the 6-year project. The project would require a net working capital investment of $25,000 up-front. The company has a tax rate of 35% and a required return of 15%. The project is expected to generate annual pre-tax cost savings of $46,000. What is the PVCCATS?