A project will produce an operating cash flow of $$78,900$ a year for five years. The initial cash out light equipment will be $$119,234.$ The net after tax salvage value of $42,$$$346$ will be received at the end of the project. The project requires $$16,872$ of networking capital that will be fully recovered at the end of the project. What is the net present value of the project of the required rate of return is $12\%.$