A private gym is looking at a new set of sports equipment with an installed cost $455,000. This cost will be depreciated straight-line to zero over the project's five-ye life, at the end of which the sports equipment can be scrapped for $57,000. The spc equipment will save the gym $161,000 per year in pretax operating costs, and 1 equipment requires an initial investment in net working capital of $26,000. If the tax ri is 25 percent and the discount rate is 13 percent, what is the NPV of this project? (Do I round intermediate calculations and round your answer to 2 decimal places, e 32.16.)