A private gym is looking at a new set of sports equipment with an installed cost of $435,000. This cost will be depreciated straight-line to zero over the project's five-year life, at the end of which the sports equipment can be scrapped for $49,000. The sports equipment will save the gym $137,000 per year in pretax operating costs, and the equipment requires an initial investment in net working capital of $24,000. If the tax rate is 21 percent and the discount rate is 9 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.) NPV