A firm is considering a project that requires an initial investment of $160,000. The life of this project is five years. Cash flows for each year are estimated as follows: Year 1 Year 2 Year 3 Year 4 Year 5 $60,000 $80,000 $140,000 $30,000 -$120,000 If the cost of capital of this project is 8%, what is the net present value