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A factory costs $380,000. You forecast it will produce cash inflows of $176,000 in year 1, $290,000 in year 2, and $350,000 in year 3.

A factory costs $380,000. You forecast it will produce cash inflows of $176,000 in year 1, $290,000 in year 2, and $350,000 in year 3. The cost of capital is 11%. What is the net present value (NPV) of the factory? The NPV of the factory is $ __. (Round to the nearest cent.)

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