A company is considering an opportunity to expand its line of business. After careful study, the company estimates the following costs and revenues for the new product: Cost of Equipment Needed $180,000 Working Capital Needed 30,000 Overhaul of Equipment in Two Years 20,000 Salvage Value of Equipment in Five Years 15,000 Annual Depreciation 40,000 Annual Cash Revenues and Costs: Sales $190,000 Cost of Goods Sold 105,000 Other Out-of-Pocket Costs 25,000 What is the net present value of this opportunity if the company uses a 12% discount rate?