A private gym is looking at a new set of sports equipment with an installed cost of $480,000. This cost will be depreciated straight-line to zero over the projects five-year life, at the end of which the sports equipment can be scrapped for $67,000. The sports equipment will save the gym $159,000 per year in pretax operating costs, and the equipment requires an initial investment in net working capital of $28,500. If the tax rate is 25 percent and the discount rate is 13 percent, what is the NPV of this project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)