A new electronic process monitor costs $970000. This cost could be depreciated at 30 percent per year (Class 10). The monitor would actually be worth $95000 in five years. The new monitor would save $ 440000 per year before taxes and operating costs. The new monitor requires to increase net working capital by $47,200 when we buy it. Assume a tax rate of 40 percent. If we require a 15 percent return, what is the NPV of the purchase