A project requires an initial cost of $225,000; has a present value of operating cash flows over its ten-year life of $310,000; and has a book value at the end of 10 years of $120,000. Current assets of $20,000, and current liabilities of $4,000 will be needed for the project to begin. Calculate the terminal value and NPV using its book value after 10 years, assuming a 15 percent discount rate.