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A company is considering a project that would require the purchase of an asset for $500,000. The company expects the project to generate cost savings.

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A company is considering a project that would require the purchase of an asset for $500,000. The company expects the project to generate cost savings. Assume the following: PVCCATS-$125,000: Present Value of Salvage Value = $30,000; Present Value of After-tax Savings - $350,000. What is the NPV for this project? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit any commas and the $ sign in your response. For example, an answer of $1,000.50 should be entered as 1000.50. Numeric Response

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