A project has an initial requirement of $135,258 for equipment. The equipment will be depreciated to a zero book value over the 4-year life of the project. The investment in net working capital will be $3,352. All of the net working capital will be recouped at the end of the 4 years. The equipment will have an estimated salvage value of $8,009. The annual operating cash flow is $34,616. The cost of capital is 22 percent. What is the projects net present value if the tax rate is 22 percent?

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box. If the NPV is negative, then enter the answer as an negative number. For example, if your answer is -1051.236, then enter as -1051.24.