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A project has an initial outlay of $ 1 , 5 6 7 . The project will generate annual cash flows of $ 4 0

A project has an initial outlay of $1,567. The project will generate annual cash flows of $404 over the 7-year life of the project and terminal cash flows of $214 in the last year of the project. If the required rate of return on the project is 19%, what is the net present value (NPV) of the project?
Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.
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